Kering to divest beauty business to L’Oréal in €4bn transaction

The deal includes the transfer of the House of Creed and the beauty and fragrance licences for Kering's luxury brands to L’Oréal.

Oct 21, 2025 - 14:00
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Kering to divest beauty business to L’Oréal in €4bn transaction
The deal includes the transfer of the House of Creed and the beauty and fragrance licences for Kering's luxury brands to L’Oréal.

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