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Kering shares pop 9% as ‘sharp' improvement at Gucci builds investor optimism
Sales declines narrowed at the group level and at Gucci, the company's biggest brand.…
CNBC Top Stories · 2025-10-23 08:58:29
Kering agrees to sell beauty unit to L'Oreal for $4.7 billion as De Meo trims debt
The sale marks a major shift in strategy by new CEO Luca de Meo as he moves to tackle the luxury group's high debt and refocus on its core fashion business.…
CNBC Top Stories · 2025-10-20 09:25:11Kering 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 billion)…
ABC News · 2025-10-20 01:01:58
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 · 2025-10-20 00:22:50Hedge fund bears are scaling back Kering short positions as new CEO plots resurgence
Short sellers retreat as luxury group rallies amid group shake-up…
CNBC Top Stories · 2025-09-22 05:07:50Gucci, Balenciaga and Alexander McQueen private data ransomed by hackers
Kering, the luxury French fashion house which owns the brands, confirmed the attack to BBC News.…
BBC Business · 2025-09-15 14:07:37Gucci sales plunge 25% in the second quarter as woes persist at luxury giant Kering
Gucci sales, which make up nearly half of total group revenues, plunged 25% over the quarter to 1.46 billion euros.…
CNBC Top Stories · 2025-07-29 16:57:23
