L’Oréal to buy Kering’s beauty division in $4.6 billion deal
The French beauty giant will acquire Kering’s House of Creed and secure licenses for Gucci, Bottega Veneta, and Balenciaga fragrances, marking a major luxury beauty alliance.
The French beauty giant will acquire Kering’s House of Creed and secure licenses for Gucci, Bottega Veneta, and Balenciaga fragrances, marking a major luxury beauty alliance.
“We are thrilled to bring this globally buzzed-about franchise to the U.S. and provide consumers with a new collection that gives them the shiny hair they crave.”
The new tool leverages advanced generative AI and augmented reality to provide personalized diagnostics, education, and product recommendations.