US EditionL’Oréal Q3 Sales Miss Expectations as CEO Gives Update on Kering and Armani Deals
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Kering announced this week's sale agreement for the beauty division – including Gucci and Bottega Veneta's licenses – to the world leader of the sector, L’Oréal, for 4 billion euros in money
Ripple Effects Of The L'Oréal-Kering $4.7B Mega-Deal For Beauty’s Emerging Brands
On Sunday, L’Oréal triggered an earthquake in the beauty industry by announcing it’s paying nearly $4.7 billion to acquire Kering’s beauty business in a deal that could shape luxury beauty for at least a half a century and extend its lead as the world’s top beauty company. The move represents swift ... The post Ripple Effects Of The L’Oréal-Kering $4.7B Mega-Deal For Beauty’s Emerging Brands appeared first on Beauty Independent.
L’Oréal guaranteed larger sales in the third quarter of 2025, as its lines of consumer and luxury products continued to attract customers, with developments observed in the US and China. The French giant of the cosmetic sector – which hold brands such as Kérastase, CeraVe and Maybelline New York – recorded quarterly sales of EUR 10,33 billion, with an increase of 4.2% over the same period last year.
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