Reuters
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Kering to sell beauty unit to L'Oreal for $4.66 billion | REUTERS
Posted
October 20, 2025
Views
4,431
Likes
29
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October 20, 2025
4,431
29
0.65%
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1:28Now PlayingKering sells its beauty unit to L'Oréal for $4.66 billion, handing over Creed and 50‑year licenses for Gucci, Bottega Veneta and Balenciaga, to cut debt and refocus after losses and slowing Gucci growth .
#News #Reuters #Newsfeed #kering #loreal #luxury
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