International Companies

Gucci owner Kering to sell beauty business to L'Oreal for €4bn

By Michele Maatouk

Date: Monday 20 Oct 2025

(Sharecast News) - Gucci owner Kering has agreed to sell its beauty business to L'Oreal for €4bn as part of a long-term strategic partnership.
The deal, announced on Sunday, will see L'Oreal buy The House of Creed, the beauty and fragrance licenses of Houses of Kering and enter into "an exclusive...

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