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

Source: New York Post Business | Published: October 20, 2025, 12:22 am | Read Original

Bearish -50.0

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 fashion labels Bottega Veneta and Balenciaga under a 50-year exclusive license.

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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 fashion labels Bottega Veneta and Balenciaga under a 50-year exclusive license.

New York Post Business • Oct 20, 2025 • Found on Glideslope.ai

Post hash: 3io03u5 • glideslope.ai/post/3io03u5

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Bearish • Score: -50.0

-100 (Bearish) +100 (Bullish)

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