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 billion euros ($4.66 ...
The American Bazaar

L’Oreal to take over Kering’s beauty portfolio for 4.6 billion

L’Oréal to acquire Kering’s beauty portfolio, including Creed and 50-year licenses for Gucci, Balenciaga, and Bottega Veneta, ...

Kering And L’Oréal Double Down On Their Strengths In $4.7 Billion Beauty Deal

In a win/win deal, L’Oréal will acquire Kering Beauté, including the Creed fragrance brand, for $4.7 billion in its largest acquisition to date.

L’Oreal agrees to buy Kering beauty division in a $4.7-billion deal

Kering SA agreed to sell its beauty division to L’Oreal SA in a $4.7 billion-deal, with new Chief Executive Officer Luca de ...

Kering to Sell Beauty Business to L’Oréal in $4.7 Billion Deal

The deal marks an early move by Kering’s new chief, Luca de Meo, to revive the French luxury giant’s fortunes.
Yahoo

L’Oréal is launching a device that’ll tell you exactly what your skin needs (and doesn’t) so you don’t ‘audition’ products

L’Oréal launched a new device called the Cell BioPrint, designed to give people a detailed breakdown of their skin quality in five minutes. The French cosmetics company has long operated at the ...

Kering to sell beauty unit to L’Oreal for $4.66 billion

The French beauty giant will acquire Kering’s fragrance line Creed, as well as rights to develop products under Kering’s ...
Vogue Business

Kering to sell its beauty business to L’Oréal

The deal includes the right to enter a licensing agreement with Gucci after its expiration with Coty, and a joint venture to ...