Gucci-owner Kering has agreed to sell its beauty business to L’Oreal for 4 billion euros ($4.7 billion). The decision comes as part of the luxury group’s efforts to reduce debt and refocus on its fashion business Read More
Gucci-owner Kering has agreed to sell its beauty business to L’Oreal for 4 billion euros ($4.7 billion). The decision comes as part of the luxury group’s efforts to reduce debt and refocus on its fashion business