Gucci: Kering is selling its beauty division to L'Oreal for $4.7 billion, including the prestigious Creed fragrance house.
22hon MSN
Gucci-owner Kering sells beauty unit to L'Oreal for $4.7 billion as de Meo targets debt pile
Gucci owner Kering has agreed to sell its beauty business to L'Oreal for 4 billion euros ($4.7 billion), the first major ...
NEWS ANALYSIS. L'Oréal will pay €4 billion to acquire Kering's beauty division under a partnership announced Sunday, allowing ...
L'Oreal's $4.7 billion deal to buy cosmetic and fragrance brands from Kering gives the French conglomerate rare 50-year ...
With Yves Saint Laurent beauty rights, acquired from Kering almost 20 years ago, L'Oreal has grown revenues from 649 million ...
The partnership includes the rights to enter into a 50-year exclusive license for the creation, development, and distribution ...
Sale includes Creed and long-term fragrance licences for Bottega Veneta, BalenciagaSale marks Kering CEO Luca de Meo’s first ...
The deal includes Creed and 50-year fragrance and beauty licences for Kering labels, as CEO Luca de Meo focuses on reducing ...
Kering has struggled to reverse declining growth at Gucci, which was hit hard by slowing demand in the key Chinese market. Read more at straitstimes.com. Read more at straitstimes.com.
Gucci owner Kering has agreed to sell its beauty business to L'Oreal for 4 billion euros ($4.7 billion), the first major ...
L’Oréal to acquire Kering’s beauty portfolio, including Creed and 50-year licenses for Gucci, Balenciaga, and Bottega Veneta, ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback