The 4-billion-euro strategic partnership extending into luxury beauty and wellness, announced on Oct. 19, has completely ...

Under the agreement, Clichy, France-based L’Oreal will acquire the House of Creed high-end fragrance company as well as licenses to create beauty and fragrance products for Kering brands like Gucci, ...

Gucci owner Kering sells its beauty arm to L'Oreal for €4 billion, a strategic shift under new CEO Luca de Meo. This move aims to tackle Kering's debt and refocus on core fashion. L'Oreal's ...

French luxury group Kering has agreed to sell its beauty business to cosmetics giant L'Oreal for 4 billion euros as new chief executive Luca de Meo addresses the company's substantial debt ...

The binding agreement between the luxury and beauty powerhouses encompasses the acquisition of the House of Creed by L’Oréal, includes the beauty and fragrance licences of Kering brands plus a venture ...

L’Oréal chief executive officer Nicolas Hieronimus discussed the Kering Beauty deal Tuesday evening, less than 48 hours after the 4 billion euro acquisition, the largest in group history, was revealed ...

The two French giants announced that they are forming a long-term strategic partnership in beauty and wellness. In a joint ...

L’Oréal is expected to acquire fragrance brand Creed and gain rights to develop beauty products tied to Kering’s fashion labels.

Kering's sale of its beauty business to L'Oreal will result in a "net gain before tax" in Kering's annual results, COO ...

Under the deal, French beauty giant L'Oreal will acquire Kering's fragrance line Creed, as well as rights to develop fragrance and beauty products under Kering's fashion labels Gucci, Bottega Veneta a ...