In a win/win deal, L’Oréal will acquire Kering Beauté, including the Creed fragrance brand, for $4.7 billion in its largest acquisition to date.
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In a win/win deal, L’Oréal will acquire Kering Beauté, including the Creed fragrance brand, for $4.7 billion in its largest acquisition to date.
Trump’s sudden 100% tariff on Chinese imports, effective Nov. 1, severely challenges retailers leaving no time for supply chain adjustments ahead of holidays.
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When the industry’s juggernaut – LVMH – sees its largest fashion and leather goods segment down 8% in 1H2025, it is warning of a wider industry downturn.