Latest posts with tags "Loreal"
Gucci-Owner Kering Sells Beauty Unit to L’Oreal for USD 4.7 Billion as De Meo Targets Debt Pile
Kering’s sale of its Gucci beauty licence and Creed brand to L’Oréal for €4 billion reflects CEO Luca de Meo’s push to shed non-core assets and ease the group’s mounting debt.
