Coty and Kering Agree to Early Transfer of Gucci Beauty Licence to L’Oréal
Coty will receive approximately $400 million and continue to operate the brand until at least June 30, 2027, terminating its prior agreement a year earlier than originally signed.
Read the full articleYou might also wanna read
L'Oréal Secures 50-Year Exclusive License for Gucci Beauty
The agreement follows Kering's early redemption of Gucci's license with Coty and will take effect July 1, 2027.
Gucci and L'Oréal sign an exclusive 50-year licence agreement
L'Oréal and Gucci have entered into a 50-year licence agreement in the beauty sector, after deciding to end Gucci’s existing licence with U.
L’Oréal and Gucci announce 50-year licence agreement
L’Oréal and Gucci have entered into a 50-year licence agreement in the beauty sector, following a decision to bring forward by one year the
Kering Accelerates the Gucci-L’Oréal Beauty Deal
The sale of the Gucci Beauty brand to L’Oréal
Beauty Briefing: Urban Outfitters doubles down on Gen Zalpha beauty, and Coty offloads Gucci ahead of schedule
This week, I checked in on Urban Outfitters’ growing beauty assortment and Coty’s decision to send Gucci Beauty back to Kering. Additionally
eBay’s £890m Depop swoop given green light by CMA
The UK competition regulator has cleared eBay’s $1.2 billion (£890 million) deal to buy second-hand fashion marketplace Depop from Etsy. The
Comments
Sign in to join the conversation.
No comments yet. Be the first.