Kering SA agreed to sell its beauty division to L’Oreal SA in a $4.7 billion-deal, with new Chief Executive Officer Luca de ...

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

As part of their beauty deal, the two groups announced the launch of a joint venture to explore the potential of longevity.

A sale would be a major step forward by Kering's new CEO Luca De Meo, who officially took office in September, to address ...

In a win/win deal, L’Oréal will acquire Kering Beauté, including the Creed fragrance brand, for $4.7 billion in its largest acquisition to date.

The deal marks an early move by Kering’s new chief, Luca de Meo, to revive the French luxury giant’s fortunes.

The deal includes the right to enter a licensing agreement with Gucci after its expiration with Coty, and a joint venture to ...

A deal would be an early move by new Kering CEO Luca de Meo to revive the luxury giant’s fortunes.

The owner of Gucci, Balenciaga, and other brands is selling its beauty business to L’Oreal for about $4.7 billion.

L’Oréal’s deal to acquire Kering’s beauty business is a win for both balance sheets and prestige brand portfolios. Competitor ...

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