Kering Agrees to Sell Beauty Division to L’Oreal in Partnership
PositiveTechnology

Kering SA has made a significant move by agreeing to sell its beauty division to L’Oreal SA, marking the beginning of a strategic partnership aimed at revitalizing the luxury brand's performance. This collaboration is expected to enhance both companies' market positions and drive innovation in the beauty sector, showcasing Kering's commitment to adapting its business model for future growth.
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