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

French luxury goods company Kering said Sunday it is selling its beauty division to L’Oreal for 4 billion euros ($4.66 ...

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 ...
Retail Dive

L’Oréal signs $4B beauty deal with Kering

A new strategic partnership will see Creed join the L’Oréal Luxe portfolio, along with 50-year beauty licenses for Gucci, ...

Elana Drell Szyfer Is CEW’s New President

CEW has a new president. The industry organization has named Elana Drell Szyfer its new president, effective Jan. 1. She ...

Explainer: Why Gucci-owner Kering is selling its beauty business to L'Oreal

Gucci-owner Kering has agreed to sell its beauty business to L'Oreal for 4 billion euros ($4.7 billion) in a strategic shift ...