Tuesday, October 28, 2025

Exclusive | Gucci Owner Kering Nears $4 Billion Sale of Beauty Unit to L’Oréal - The Wall Street Journal

Deal would be an early move by new Kering CEO Luca de Meo to revive luxury giant’s fortunes

Exclusive | Gucci Owner Kering Nears $4 Billion Sale of Beauty Unit to L’Oréal - The Wall Street Journal

KeringKER0.34%increase; green up pointing triangle
is in talks to sell its beauty business to LOréalOR1.11%increase; green up pointing triangle
in a deal that values the unit at roughly $4 billion,… [+473 chars]