Insight ReportKering and L’Oréal Announce €4 Billion Strategic Partnership—Multibrand Luxury and Beauty Firms Playing To Their Strengths Madhav Pitaliya, Analyst Sector Lead: Anand Kumar, Associate Director of Retail Research October 24, 2025 Reasons to ReadUnderstand how a €4 billion partnership is reshaping luxury, beauty and wellness. Read this report to discover answers to these and other questions: How does the Kering–L’Oréal deal redefine the convergence of luxury, beauty and wellness through 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? How does Kering’s divestiture sharpen its focus on fashion while maintaining exposure to the beauty sector? Companies mentioned in this report include: Balenciaga, Bottega Veneta, Coty, Estée Lauder, Gucci, L’Oréal, Sephora, The House of Creed, Tom Ford Beauty. Data in this report include: estimated revenue contributions of acquired beauty brands; projected growth in L’Oréal’s fragrance and luxury segments; breakdown of Kering’s divestiture impact on margin and capital allocation. 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: September 2025 US Retail Sales: Delayed Government Data Show Strong Retail Growth in SeptemberShoptalk Spring 2025 “Shark Reef” Startup Pitch: Recap—12 Innovators, Two WinnersWeekly UK Store Openings and Closures Tracker 2025, Week 24: Matalan To Open Stores; Poundland Continues To Shutter StoresAnalyst Corner: Retail Giants Drive the Second Wave of Quick Commerce in India, with Madhav Pitaliya