PARIS (Reuters) -Gucci owner Kering has agreed to sell its beauty business to L'Oreal for 4 billion euros ($4.7 billion), the ...
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Under the deal, French beauty giant L'Oreal will acquire Kering's fragrance line Creed, as well as rights to develop ...
Gucci owner Kering PPRUF -2.01% has agreed to sell its beauty business to L’Oreal LRLCY +2.02% for €4-billion, in a major ...
NEWS ANALYSIS. L'Oréal will pay €4 billion to acquire Kering's beauty division under a partnership announced Sunday, allowing ...
Shares in Kering, the French luxury group that owns Gucci and other brands, jumped sharply on Monday after it announced a 4 billion euros ($4.66 ...
Kering has agreed to sell its beauty business to L’Oréal for 4 billion euros (US$4.66 billion) This marks one of the first ...