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 ...
In a move set to reshape the global beauty landscape, L’Oréal will take over Kering’s complete beauty portfolio, from Creed niche fragrances to Gucci makeup products. L’Oréal and Kering announced a ...
PARIS, Oct 21 (Reuters) - French beauty conglomerate L'Oreal (OREP.PA), opens new tab posted weaker-than-expected third-quarter growth on Tuesday, weighed down by its performance in North America, but ...
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 21 (Reuters) - L'Oreal's (OREP.PA), opens new tab $4.7 billion deal to buy cosmetic and fragrance brands from Kering (PRTP.PA), opens new tab gives the French conglomerate rare 50-year ...
Forbes contributors publish independent expert analyses and insights. Shelley E. Kohan covers the retail industry and is based in New York. L'Oréal Paris announces the ten Women Of Worth honorees; ...
Kering KER-1.21%decrease; red down pointing triangle agreed to sell its beauty business to L’Oréal OR-0.22%decrease; red down pointing triangle for roughly $4.7 billion, an early move by its new chief ...
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 ...
Its shares soared more than five percent at the opening of Paris trading, following its announcement Sunday of the deal that would also give L'Oreal 50-year licences to develop and distribute products ...
Analysis-L'Oreal's $4.7 Billion Kering Beauty Buy Offers Decades of Potential By Dominique Patton PARIS (Reuters) -L'Oreal's $4.7 billion deal to buy cosmetic and fragrance brands from Kering gives ...
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 ...
Gucci owner Kering has agreed to sell its beauty business to L’Oreal for four billion euro (£3.5 billion), as the two French businesses join forces to tap into broader markets. L’Oreal will also gain ...