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Kering chief vows rapid overhaul after sealing €4bn beauty deal

Luca de Meo says agreement with L’Oréal will be first of several big moves to refocus luxury group on Gucci turnaround

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cnbc.com

theguardian.com

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ft.comStai leggendo8 mesi fa

Kering chief vows rapid overhaul after sealing €4bn beauty deal

Luca de Meo says agreement with L’Oréal will be first of several big moves to refocus luxury group on Gucci turnaround

originale

cnbc.com8 mesi fa

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.

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Timeline cronologica

sabato 18 ottobre 2025·ft.com
Kering closes in on €4bn deal to offload beauty division to L’Oréal
Sale represents first big restructuring move by chief executive Luca de Meo
lunedì 20 ottobre 2025·ft.com
Kering agrees €4bn sale of beauty division to L’Oréal
Deal includes rights to develop products under Gucci, Bottega Veneta and Balenciaga labels

Kering chief vows rapid overhaul after sealing €4bn beauty deal

Confronto fonti

Kering chief vows rapid overhaul after sealing €4bn beauty deal

Kering agrees to sell beauty unit to L'Oreal for $4.7 billion as De Meo trims debt

Timeline cronologica

Kering closes in on €4bn deal to offload beauty division to L’Oréal

Kering agrees €4bn sale of beauty division to L’Oréal

Gucci owner Kering to sell beauty division to L’Oréal for €4bn

Kering agrees to sell beauty unit to L'Oreal for $4.7 billion as De Meo trims debt

Gucci owner Kering to sell beauty division to L’Oréal for €4bn

Kering chief vows rapid overhaul after sealing €4bn beauty deal

Kering adds to hope of luxury recovery as it stems sales declines