Insight ReportKering and L’Oréal Finalize Strategic Partnership—Multibrand Luxury and Beauty Firms Focused on Core Capabilities John Mercer, Head of Global Research and Managing Director of Data-Driven Research April 1, 2026 Reasons to ReadUnderstand how a €4 billion partnership is reshaping luxury beauty. Read this report to discover answers to these and other questions: How do Kering and L’Oréal gain from a deal that includes acquisitions, licenses and a new joint venture? What is the projected impact of Creed and long-term licenses on L’Oréal’s luxury and fragrance divisions? Why is this move in line with other beauty agreements in the luxury sector? Companies mentioned in this report include: Balenciaga, Bottega Veneta, Coty, Estée Lauder, Gucci, L’Oréal, Sephora, The House of Creed. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for Other research you may be interested in: Where Shoppers Live vs. Where They Shop: US Consumer Survey Insights ExtraStore Tracker Extra: UK Store Openings and Closures—2024 Review and 2025 OutlookHigh-Income Consumers’ Financial Sentiment Reaches New Peak: Weekly US Consumer Sentiment, Week 24, 2025—InfographicQuantifying Tariff Impacts: What Retail Companies Reported in 3Q25—Data Graphic