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 Retail 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