AWS Suffers Service Disruption, Kering's €4 Billion Beauty Exit | The Opening Trade 10/20

Bloomberg•Monday, October 20, 2025 at 11:01:29 AM

Amazon Web Services faced a significant service disruption that impacted various platforms, including Coinbase, where users reported difficulties in trading and logging in. This incident highlights the vulnerabilities in cloud services that can ripple across multiple industries. On a different note, Kering has announced its decision to sell its beauty division to L’Oreal for €4.7 billion, marking a major shift in its business strategy. This move is significant as it reflects the evolving landscape of the beauty market and Kering's focus on its core luxury brands.

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