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‘Fingers crossed’ is not what investors want to hear as L’Oreal shares get slammed
L’Oreal shares slumped on Wednesday as the chief executive of the highly valued cosmetics company didn’t express huge confidence over upcoming sales.…
Market Watch · 2025-10-22 08:16:00
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 00:22:50