Kering SA agreed to sell its beauty division to L’Oreal SA in a $4.7 billion-deal, with new Chief Executive Officer Luca de ...
L'Oreal's Q3 growth underwhelmed due to weak North American performance, while China's luxury market saw improvement. Nicolas ...
The deal marks an early move by Kering’s new chief, Luca de Meo, to revive the French luxury giant’s fortunes.
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