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.
Giorgio Armani's will reveals potential partnerships with LVMH, L'Oréal, or EssilorLuxottica for his fashion house. An IPO is also possible. The will outlines selling stake.
L'Oréal's Q2 2025 sales rose 2.4%, boosted by China. Haircare excelled, but skincare disappointed. The group navigates economic stress and invests in dermatological brands for future growth. Focus: Innovation.
