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Kering Creates New Beauty Division

Former Estée Lauder executive Raffaella Cornaggia has been named CEO of the unit, which will develop beauty for the French group’s brands, including Bottega Veneta, Balenciaga and Alexander McQueen.
Raffaella Cornaggia
Kering announces the appointment of Raffaella Cornaggia as CEO of Kering Beauté. (Kering)

French luxury group Kering announced the creation of a new division, Kering Beauté, which is set to develop the beauty category for several of its brands, including Bottega Veneta, Balenciaga and Alexander McQueen.

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