Advent International Eyes Fragrance Sector Exit with Potential $2 Billion Parfums de Marly Sale
Private Equity Giant Tests Fragrance Market Waters Advent International, the global private equity powerhouse, is exploring a potential exit from…
Tag: L’Oréal
L’Oreal Acquires Kering’s Beauty Portfolio in €4 Billion Strategic Expansion
In a major luxury sector consolidation, L’Oreal has agreed to acquire Kering’s beauty business for €4 billion. The deal includes the prestigious Creed fragrance house and licensing rights for Gucci, Bottega Veneta, and Balenciaga beauty products, according to company announcements.
Major Luxury Beauty Acquisition
French beauty conglomerate L’Oreal has reached a definitive agreement to acquire the beauty division of rival French company Kering in a transaction valued at €4 billion ($4.66 billion), according to reports released Sunday. The all-cash deal represents one of the most significant consolidations in the luxury goods sector in recent years and is expected to close during the first half of 2026.
Kering’s Strategic Pivot: €4 Billion Beauty Sale to L’Oréal Reshapes Luxury Landscape
Luxury Conglomerate Streamlines Operations in Major Portfolio Shift French luxury group Kering, owner of iconic fashion houses including Gucci, Balenciaga,…
Kering’s Strategic Retreat: Beauty Unit Sale to L’Oreal Signals Major Debt Reduction and Portfolio Refocus
Luxury Giant Sheds Beauty Arm in $4.7 Billion Strategic Shift In a landmark decision that marks one of the first…
Kering’s Strategic Pivot: How a €4 Billion Beauty Sale to L’Oréal Reshapes Luxury’s Future
Luxury Meets Beauty in Landmark Transaction In a move that signals a major strategic shift for the French luxury conglomerate,…