Tag:

Balenciaga

Kering sells beauty division to L’Oreal for $4.7 billion

Luxury group Kering, owner of Gucci, has agreed to sell its beauty division to L’Oreal for €4 billion ($4.66 billion), marking the biggest deal in L’Oreal’s history and a major strategic shift for Kering under new CEO Luca de Meo.

20 Oct 2025-10:59
Hackers steal client data from Gucci, Balenciaga and McQueen parent Kering

Hackers have stolen private data belonging to millions of customers of Gucci, Balenciaga and Alexander McQueen.

15 Sep 2025-20:25