
Kering shares jump on sale of beauty division to L’Oreal
By AFP Published October 20, 2025 The share price of Kering, the French luxury group that owns Gucci and other brands, jumped sharply Monday after it announced the $4.6-billion sale of its beauty products division to L’Oreal. Kering’s sale would bolster L’Oreal’s high end beauty offering – Reuters Its shares soared more than five percent…