In a major move shaking up the beauty world, Reuters reports that Kering (parent company to Gucci, Balenciaga, and Saint Laurent) has sold its beauty division to L’Oréal for $4 billion. What does this mean for the luxury beauty market and the future of “smart luxury”?We turn to Fashion Expert Roza Francken from Aurelien for…
Why Kering’s $4 Billion L’Oréal Deal Marks Luxury’s ‘Back to Core’ Moment
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