Kering closes $4 billion beauty sale to L’Oréal as the Gucci parent scrambles to stop the losses – The Curvy Fashionista

Kering Closes $4 Billion Beauty Sale to L’Oréal

Kering has finalized the sale of its beauty assets to L’Oréal, worth a substantial $4 billion. The move comes as the parent company of Gucci and other luxury brands seeks to curb losses.

The Curvy Fashionista

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