Kering SA agreed to sell its beauty division to L’Oreal SA in a €4 billion ($4.7 billion) deal, with new Chief Executive ...
The deal marks an early move by Kering’s new chief, Luca de Meo, to revive the French luxury giant’s fortunes.
A sale would be a major step forward by Kering's new CEO Luca De Meo, who officially took office in September, to address ...
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