GlobeNewswire Inc.··NaKering and L'Oréal Complete €4B Beauty Alliance, Reshaping Luxury Cosmetics
Kering and L'Oréal finalize €4 billion beauty partnership, with L'Oréal acquiring Kering Beauté including Creed and securing perpetual beauty/fragrance licenses across Kering brands.
LRLCYPPRUYstrategic partnershipjoint venture