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 ...

French luxury conglomerate Kering, which owns brands including Gucci, Yves Saint Laurent and Balenciaga, will sell its beauty business Creed to L’Oréal in a deal valued at €4bn (£3.47bn). Expected to ...

L'Oreal gets 50-year exclusive licences over Gucci, Bottega Veneta, Balenciaga Debt-laden French luxury group Kering is selling its beauty products business including its leading perfume brand Creed ...

L’Oreal shares slumped on Wednesday as the chief executive of the highly valued cosmetics company didn’t express huge confidence over upcoming sales. Steven Goldstein is based in London and ...

PARIS, Oct 20 (Reuters) - Gucci owner Kering (PRTP.PA), opens new tab has agreed to sell its beauty business to L'Oreal (OREP.PA), opens new tab for 4 billion euros ($4.7 billion), the first major ...

Kering is selling its beauty division, including the prestigious perfume brand Creed, to L'Oreal for $4.6 billion. This strategic move aims to significantly reduce Kering's substantial debt. The deal ...

Gucci owner Kering has agreed to sell its beauty business to L’Oreal for $4.66 billion, the company said on Sunday, as new CEO Luca de Meo moves to tackle the luxury group’s high debt and refocus on ...

L'Oreal shares dropped after the French cosmetics company reported third-quarter sales that fell short of analyst expectations on Wednesday. Shares fell 5.9% to 374.65 euros in European early morning ...

If you click on links we provide, we may receive compensation. The supermodel just landed her first U.S. campaign with L'Oréal Paris for the brand's Midnight Cream. She tells PEOPLE about her go-to ...

Explainer-Why Gucci-Owner Kering Is Selling Its Beauty Business to L'Oreal By Linda Pasquini and Leo Marchandon (Reuters) -Gucci-owner Kering has agreed to sell its beauty business to L'Oreal for 4 ...

PARIS - Gucci owner Kering said on Sunday it has agreed to sell its beauty business to L'Oreal for 4 billion euros ($4.66 billion), in a major shift in strategy by new CEO Luca de Meo as he moves to ...

PARIS – Gucci owner Kering said on Oct 19 it has agreed to sell its beauty business to L’Oreal for €4 billion (S$6 billion), as new chief executive Luca de Meo moves to tackle the luxury group’s high ...