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Kering and Coty in Discussion to Sell Gucci Beauty Licence to L’Oréal

L’Oréal CEO Nicolas Hieronimus said on Friday the French beauty giant would welcome gaining access to the Gucci licence earlier than 2028, as Gucci-owner Kering and current licence holder Coty discuss the issue.
L'Oréal headquarters.
For now, the Gucci ​licence is still in the hands of smaller cosmetics firm ⁠Coty Inc. until 2028. (Shutterstock)

L’Oréal

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