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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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

CEO Luca de Meo is selling the beauty business to reduce Kering's €9.5 billion debt and focus on its struggling core fashion labels. The move signals a return to fashion-first priorities under de Meo.

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 ...

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 ...