Kering shows Q3 2025 sales improvement with Gucci leading. Earnings fell 5%, but beat expectations. CEO Luca de Meo focuses on turnaround amid market challenges. Saint Laurent & Bottega Veneta also see growth.
L'Oréal and Kering partner in a major beauty licensing deal. L'Oréal gains rights to brands like Bottega Veneta and Balenciaga, while Kering focuses on royalties and debt reduction, shifting its beauty strategy.
Kering postpones full Valentino acquisition from Mayhoola due to economic challenges. CEO change and declining sales impact the deal. The strategic partnership remains, aiming for Valentino's growth.
