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business12h ago

https://www.cnbc.com/2025/10/20/kering-agrees-to-sell-beauty-unit-to-loreal-for-4point7-billion.htmlhttps://wwd.com/beauty-industry-news/beauty-features/loreal-acquiring-kering-beauty-game-changer-1238316466/https://www.kering.com/en/news/kering-and-l-oreal-forge-an-alliance-in-beauty-and-wellness/
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Highlights
  • L’Oréal will acquire Kering’s beauty unit for about €4 billion, signaling a major shift to focus on core luxury assets.
  • Creed will be included, with licenses to create beauty and fragrance products for Kering brands like Gucci, Balenciaga, and Bottega Veneta.
  • A 50/50 joint venture will coordinate innovation and accelerate wellness- and longevity-focused beauty experiences.

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References

Kering agrees to sell beauty unit to L'Oreal for $4.7 billion as De Meo trims debt

Kering agrees to sell beauty unit to L'Oreal for $4.7 billion as De Meo trims debt

Why L’Oréal’s Deal With Kering Beauty Is a Category Game-changer

Why L’Oréal’s Deal With Kering Beauty Is a Category Game-changer

Kering and L’Oréal Forge an Alliance in Beauty and Wellness

Kering and L’Oréal Forge an Alliance in Beauty and Wellness

Kering to sell its beauty business to L’Oréal

Kering to sell its beauty business to L’Oréal

Kering sells beauty division to L’Oreal and says the companies will collaborate on wellness products - WTOP News

Kering sells beauty division to L’Oreal and says the companies will collaborate on wellness products - WTOP News

Kering sells beauty division to L'Oreal and says the companies will collaborate on wellness products

Kering sells beauty division to L'Oreal and says the companies will collaborate on wellness products

Kering clinches €4B deal to sell beauty division to L’Oreal (PPRUF:OTCMKTS)

Kering clinches €4B deal to sell beauty division to L’Oreal (PPRUF:OTCMKTS)

Kering sells beauty division to L'Oreal and says the companies will collaborate on wellness products

Kering sells beauty division to L'Oreal and says the companies will collaborate on wellness products

Kering sells beauty division to L'Oreal and says the companies will collaborate on wellness products

Gucci owner Kering to sell beauty division to L’Oréal for €4bn

Gucci owner Kering to sell beauty division to L’Oréal for €4bn

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