L’Oréal to acquire Kering’s beauty portfolio, including Creed and 50-year licenses for Gucci, Balenciaga, and Bottega Veneta, ...

Gucci owner Kering PPRUF -2.01% has agreed to sell its beauty business to L’Oreal LRLCY +2.02% for €4-billion, in a major ...

After Kering (PPRUY) and L’Oreal (LRLCY) announced a joint agreement for L’Oreal to acquire Kering Beauty, Jefferies noted that L’Oreal will hold ...

The partnership includes the rights to enter into a 50-year exclusive license for the creation, development, and distribution ...

Gucci owner Kering SA’s stock rallied nearly 5% in early trading on the Euronext Paris on Monday, hours after the luxury ...

Gucci owner Kering has agreed to sell its beauty business to L’Oreal for four billion euro (£3.5 billion), as the two French ...

With the deal struck less than two months after taking over the helm, de Meo is unwinding one of the biggest strategic pivots made by his predecessor Francois-Henri Pinault, whose family controls the ...

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.

Gossip Girl actor Blake Lively has become the new face of Italian fashion house Gucci's upcoming female perfume, Premiere. HT Image The 24-year-old will appear in a short movie directed by Drive ...

Sale includes Creed and long-term fragrance licences for Bottega Veneta, BalenciagaSale marks Kering CEO Luca de Meo’s first ...

Gucci owner Kering has agreed to sell its beauty business to L'Oreal for 4 billion euros ($4.7 billion), the first major ...