Kering Sells Kering Beauté to L'Oréal

Reuters
2025.12.11 16:45
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Kering has agreed to sell Kering Beauté to L’Oréal, with the transaction expected to close in the first half of 2026. Kering Beauté’s financial contributions for the first half of 2025 were €148 million in revenue and €49 million in recurring operating income. The group's financial results for 2024 and 2025 have been restated to reflect the sale. Further details will be provided in the 2025 Financial Document in February 2026.