The share price of Kering, the French luxury group that owns Gucci and other brands, jumped sharply Monday after it announced ...

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Shares in the fashion group rose after it said it will sell its fragrance line Creed where bottles of perfume can cost as ...

The luxury group will have less debt and better focus after selling its beauty division to L’Oréal.

Kering sells its beauty business to L'Oreal for €4 billion to cut debt and refocus on fashion under new CEO Luca de Meo.

Analysts are speculating about just that hours after it was announced Sunday night that L'Oréal now has the rights to enter ...

Gucci owner Kering ( OTCPK:PPRUF) ( OTCPK:PPRUY) confirmed on Sunday that it agreed to sell its beauty business to L'Oréal ( ...

PARIS, France - French luxury group Kering is selling its beauty products business including its leading perfume brand Creed ...

The deal marks an early move by Kering’s new chief, Luca de Meo, to revive the French luxury giant’s fortunes.