Kering sells beauty division to L'Oreal and says the companies will collaborate on wellness products
The deal has some precedence. L’Oreal acquired the beauty license for Kering’s Yves Saint Laurent brand in 2008. Luca de Meo, CEO of Paris-based Kering, said the deal combines L’Oreal’s expertise with ...
Forbes contributors publish independent expert analyses and insights. Pam Danziger reports on retail, focused on the luxury consumer market. L’Oréal acquired Kering Beauté, including the Creed ...
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 billion). Under the agreement, Clichy, France-based L’Oreal will acquire the ...
L’Oreal SA has agreed to buy Kering SA’s beauty division in a $4.7-billion deal, as Kering’s new chief executive, Luca de Meo, is changing course to try to turn around his company’s fortunes. The ...
Hollywood, here’s a curated list of fashion brands’ recent film initiatives, funding efforts and creative collaborations.
A true visionary in the world of fashion, who lifted Balmain to the stage it is today, Olivier Rousteing has announced his ...
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