（文章来源：每日经济新闻） 每经AI快讯，10月20日，开云集团股价上涨约4%，欧莱雅股价上涨1.7%。消息面上，开云集团同意将 旗下美妆部门出售给欧莱雅。 ...

Mergers and Acquisitions - In January 2017, Luxottica merged with Essilor in a deal valued at 46 billion euros ($49 billion), creating the world's largest eyewear group [11] - LVMH acquired Tiffany & Co. in November 2019 for $16.2 billion in an all-cash deal [11][12] - Bernard Arnault consolidated control over Christian Dior in April 2017 through a 12 billion euro transaction, acquiring the Christian Dior Couture brand for 6.5 billion euros [4][12] - JAB Holding increased its stake in Coty Inc. to 60% in February 2019, totaling about $9.4 billion [5][12] - L'Oreal repurchased 8% of its shares from Nestle for 6.5 billion euros in February 2014, making Nestle L'Oreal's second-largest shareholder with a 20.16% stake as of October 2025 [6][12] - LVMH acquired Bulgari for 3.7 billion euros in March 2011 [7][12] - Estee Lauder agreed to buy Tom Ford for $2.8 billion in November 2022 [8][12] - L'Oreal acquired Aesop for around $2.5 billion in April 2023, aiming for international expansion [9][12] - Coach purchased Kate Spade for $2.4 billion in May 2017 to leverage its popularity among millennials [10][12] - Prada announced a deal to buy Versace for an enterprise value of $1.375 billion in April 2025 [11]

Core Insights - The deal represents an initial strategy by Kering's new CEO, Luca de Meo, aimed at revitalizing the company's performance in the luxury market [1] Company Summary - Kering is taking proactive steps under new leadership to enhance its position and financial health within the luxury sector [1]

Core Viewpoint - L'Oréal Group is set to establish a long-term strategic partnership with Kering Group in the high-end beauty and health sector, involving the acquisition of the Creed brand and licensing agreements for several luxury brands' beauty and fragrance products [1] Group 1: Acquisition Details - The agreement includes the acquisition of the Creed brand and licensing for Kering's iconic brands such as Bottega Veneta and Balenciaga for a duration of 50 years [1] - Gucci will join the partnership after the conclusion of its licensing agreement with Coty Group [1] - The total value of the agreement is estimated at 40 billion euros, with the transaction expected to be completed in the first half of 2026 and paid in cash [1]

Core Viewpoint - Kering Group announced an agreement with L'Oréal Group for the sale of its beauty division for €4 billion, marking a significant strategic shift for Kering [1] Group 1: Transaction Details - L'Oréal will acquire Kering's beauty business, which includes the Creed brand and a 50-year license for several luxury brands such as Bottega Veneta and Balenciaga [1] - Gucci will join the agreement after the expiration of its licensing period with Coty Group [1] - The transaction will be a cash payment and is expected to be completed in the first half of 2026 [1] Group 2: Financial Performance - Kering's beauty division reported annual revenue of €323 million for 2024, primarily driven by the Creed brand [1]

Core Viewpoint - Kering Group has agreed to sell its beauty business to L'Oréal for €4 billion (approximately $4.66 billion) as part of a strategic move by new CEO Luca de Meo to address high debt levels and refocus on core fashion operations [1][2] Group 1: Transaction Details - The agreement allows L'Oréal to acquire Kering's perfume brand Creed and grants a 50-year exclusive license to develop beauty products based on Kering's fashion brands, including Gucci, Balenciaga, and Saint Laurent [1] - The sale is a significant step for Kering to reduce its net debt, which stood at €9.5 billion as of June 30, alongside €6 billion in long-term lease liabilities [1] Group 2: Business Performance - Kering's beauty business, established in 2023, recorded an operating loss of €60 million in the first half of the year, highlighting the challenges faced in diversifying away from Gucci [2] - Gucci's revenue fell by 25% year-on-year in the last fiscal quarter, increasing Kering's pressure to deleverage and avoid further credit rating downgrades [2] Group 3: Strategic Implications - The transaction marks a shift in strategy under CEO de Meo, who took over in September and has committed to rationalizing the business and restructuring if necessary to lower debt levels [2] - L'Oréal's acquisition is its largest to date, surpassing the $2.5 billion purchase of Australian brand Aesop in 2023, indicating L'Oréal's aggressive expansion strategy [2]

French luxury goods company Kering said Sunday it is selling its beauty division to L’Oreal for 4 billion euros ($4.66 billion). Under the agreement, Clichy, France-based L’Oreal will acquire the House of Creed high-end fragrance company as well as licenses to create beauty and fragrance products for Kering brands like Gucci, Bottega Veneta and Balenciaga. The companies said they will establish a strategic committee to ensure coordination between Kering brands and L’Oréal. Kering and L’Oréal said they ar ...

Core Viewpoint - Kering SA has agreed to sell its beauty division to L'Oreal SA for €4 billion ($4.7 billion) as part of a strategic alliance aimed at accelerating growth and improving the company's performance in the luxury market [1][2]. Group 1: Strategic Move - The sale marks the first strategic initiative by CEO Luca de Meo, who took over in September, as Kering faces challenges such as declining demand in China and potential higher tariffs in the US [3]. - The partnership with L'Oreal, the largest cosmetics and beauty company globally, is expected to enhance the development of fragrance and cosmetics for Kering's major brands, allowing them to scale and unlock long-term potential [3]. Group 2: Background and Context - Kering launched its beauty division in 2023 and acquired the high-end fragrance brand Creed for approximately €3.5 billion to establish its beauty platform [2]. - The company is currently dealing with significant issues, including a high debt burden that has raised concerns among investors [3]. - The Pinault family, who are the majority shareholders, hold a 42% stake in Kering and 59% of the voting rights, indicating strong control over the company's strategic direction [4].

Kering SA agreed to sell its beauty division to L’Oreal SA as part of a long-term strategic alliance, with Chief Executive Luca de Meo seeking to turn around the French luxury giant’s fortunes. https://t.co/kvMWoUKLYg ...

Core Insights - Kering and L'Oréal have officially announced a long-term strategic partnership focused on beauty and wellness [1] Group 1: Partnership Details - The agreement includes L'Oréal's acquisition of the House of Creed and grants L'Oréal a 50-year exclusive license for creating, developing, and distributing fragrance and beauty products for Gucci, starting after Kering's current license with Coty expires [2] - The partnership also encompasses 50-year exclusive licenses for Bottega Veneta and Balenciaga, effective upon the transaction's closure [3] - The total value of the agreement is set at 4 billion euros, to be paid in cash at closing, which is anticipated in the first half of 2026. Additionally, L'Oréal will pay royalties to Kering for the use of its licensed brands [3] Group 2: Future Opportunities - Beyond beauty, Kering and L'Oréal plan to explore business opportunities at the intersection of luxury, wellness, and longevity through a 50/50 joint venture [4]