Kering to sell beauty unit to L'Oreal for $4.66 billion to cut debt, refocus on fashion

Tomas Kauer - News Writer and Moderator Tomas Kauer - News Writer and Moderator
Oct 20, 2025 - 15:04
Kering to sell beauty unit to L'Oreal for $4.66 billion to cut debt, refocus on fashion
New Kering CEO Luca de Meo is moving to refocus the luxury group on its core fashion business.
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