PARIS, Oct 20 (Reuters) - Kering's new CEO Luca de Meo didn’t take long to make his mark. Sign up here. There was another reason to speed up talks: Spanish-listed beauty firm Puig (PUIGb.MC), opens ...
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PARIS, Oct 20 (Reuters) - Gucci owner Kering (PRTP.PA), opens new tab has agreed to sell its beauty business to L'Oreal (OREP.PA), opens new tab for 4 billion euros ($4.7 billion), the first major ...
CEO Luca de Meo is selling the beauty business to reduce Kering's €9.5 billion debt and focus on its struggling core fashion labels. The move signals a return to fashion-first priorities under de Meo.
Der hoch verschuldete französische Luxusgüterkonzern Kering steht Insidern zufolge vor einem Verkauf seiner Kosmetiksparte an den Konkurrenten L’Oréal. Die Gespräche über eine Transaktion zum Preis ...
President Donald Trump accused the Colombian president of being an “illegal” drug dealer and announced he was slashing U.S. funding to the country in a social media tirade that misspelled Colombia’s ...
A group of unions and public interest groups has launched the "Take Back Tesla" movement and website, encouraging Tesla shareholders to vote no on Musk’s pay package. The group targets union members ...
SHARM EL SHEIKH, Egypt (AP) — Palestinian leader Mahmoud Abbas arrives in Egypt’s Sharm el-Sheikh to attend key summit co-chaired by the US and Egypt (CORRECTS: A previous APNewsAlert had a typo in ...
The meany-guts bean counters in Jack Chambers’s Department of Public Expenditure and Reform (DPER) must be delighted to see the media so completely caught up in the closing days of the presidential ...
Suicide is a tragic epidemic among US military veterans, but a new documentary charts how psychedelic drugs offer a glimmer ...