--- title: "Kering in Talks to Sell Beauty Unit to L'Oréal in $4 Billion Deal" description: "Kering is in discussions to sell its beauty division to L'Oréal for $4 billion. The beauty unit, launched in 2023, has struggled with sales declines at Gucci and Saint Laurent, prompting Kering to see" type: "news" locale: "en" url: "https://longbridge.com/en/news/261757964.md" published_at: "2025-10-19T08:32:23.000Z" --- # Kering in Talks to Sell Beauty Unit to L'Oréal in $4 Billion Deal > Kering is in discussions to sell its beauty division to L'Oréal for $4 billion. The beauty unit, launched in 2023, has struggled with sales declines at Gucci and Saint Laurent, prompting Kering to seek debt reduction, with liabilities near $11 billion as of June 30. KER shares saw a slight increase, closing at €309.55. Kering, which owns Gucci, Saint Laurent, and Balenciaga, started its beauty division in 2023 to make more perfumes and cosmetics in-house. It also bought Creed, a luxury cologne brand, that same year in an all-cash deal. However, the beauty arm has had a short run. Sales at Gucci have slowed in China, and Saint Laurent has faced a weaker market in the U.S. As a result, Kering's broader business has felt pressure, and the company is looking for ways to cut debt, which stood near $11 billion as of June 30. In the meantime, KER shares rose slightly yesterday, closing at €309.55. ### Related Stocks - [PPRUY.US - Kering](https://longbridge.com/en/quote/PPRUY.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | L'Oreal favours early access to Gucci beauty licence as Kering, Coty work towards deal, says CEO | L'Oreal's CEO, Nicolas Hieronimus, expressed interest in acquiring the Gucci beauty license before its scheduled 2028 da | [Link](https://longbridge.com/en/news/275922786.md) | | Kering CEO De Meo, on China: Key Will Be Gucci Becoming Desirable Again | Kering CEO De Meo, on China: Key Will Be Gucci Becoming Desirable Again | [Link](https://longbridge.com/en/news/275438152.md) | | L'Oreal Bullish on Outshining Rivals in Attractive Beauty Market -- Update | L'Oreal is optimistic about its growth in the beauty market, expecting to outperform competitors. In 2022, the company r | [Link](https://longbridge.com/en/news/275793173.md) | | L'Oreal CEO: Not happy with skincare, we outpaced market for 8 years but not in 2025 | L'Oreal CEO: Not happy with skincare, we outpaced market for 8 years but not in 2025 | [Link](https://longbridge.com/en/news/275883512.md) | | L'Oreal's Shares Drop After Soft End to the Year | L'Oreal's shares fell 4.5% to 374.10 euros after the company reported weaker-than-expected fourth-quarter results, with | [Link](https://longbridge.com/en/news/275881106.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.