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July 10 (Reuters) - Gucci-owner Kering (PRTP.PA) paid 3.5 billion euros (.83 billion) for acquiring high-end French fragrance label Creed in June, the Financial Times reported on . Kering SA, the owner of Gucci, agreed to buy perfume maker Creed in an all-cash deal as the luxury conglomerate expands in the market for high-end fragrances. Kering’s . French luxury group Kering paid €3.5bn to acquire the fragrance brand Creed as the Gucci owner embarks on a strategically important expansion into the competitive high-end beauty sector.
Kering Beauté announced today that it has completed the acquisition of the high-end luxury fragrance House Creed, in accordance with the terms disclosed on June 26th, 2023 and following clearance from the antitrust . French luxury conglomerate Kering announced on Monday that it has acquired the high-end fragrance brand Creed, marking its most significant step forward into the luxury . Gucci owner Kering said on Monday it had struck a deal to buy high-end French fragrance label Creed, its first acquisition since flagging intentions earlier this year to create an . Kering SA, the owner of Gucci, has agreed to buy Creed in an all-cash deal as the luxury conglomerate expands in the market for high-end fragrances. Kering’s beauty unit is buying 100 per cent.
PARIS—Gucci owner Kering KER -0.28% is buying luxury cologne maker Creed, a 263-year-old business that once counted King George III among its clients, as the luxury giant . Kering SA, the owner of Gucci, agreed to buy perfume maker Creed in an all-cash deal as the luxury conglomerate expands in the market for high-end fragrances. Kering’s . Clifford Chance and Sullivan & Cromwell are advising on the acquisition of elite perfume house Creed by French-based luxury goods specialists Kering. The deal sees the .July 10 (Reuters) - Gucci-owner Kering (PRTP.PA) paid 3.5 billion euros (.83 billion) for acquiring high-end French fragrance label Creed in June, the Financial Times reported on Monday,.
Kering SA, the owner of Gucci, agreed to buy perfume maker Creed in an all-cash deal as the luxury conglomerate expands in the market for high-end fragrances. Kering’s beauty unit is buying. French luxury group Kering paid €3.5bn to acquire the fragrance brand Creed as the Gucci owner embarks on a strategically important expansion into the competitive high-end beauty sector.
Kering Beauté announced today that it has completed the acquisition of the high-end luxury fragrance House Creed, in accordance with the terms disclosed on June 26th, 2023 and following clearance from the antitrust authorities. Creed will be consolidated in Kering accounts starting from November 1st, 2023. French luxury conglomerate Kering announced on Monday that it has acquired the high-end fragrance brand Creed, marking its most significant step forward into the luxury beauty sector. Gucci owner Kering said on Monday it had struck a deal to buy high-end French fragrance label Creed, its first acquisition since flagging intentions earlier this year to create an in-house.
Kering SA, the owner of Gucci, has agreed to buy Creed in an all-cash deal as the luxury conglomerate expands in the market for high-end fragrances. Kering’s beauty unit is buying 100 per cent. PARIS—Gucci owner Kering KER -0.28% is buying luxury cologne maker Creed, a 263-year-old business that once counted King George III among its clients, as the luxury giant looks to expand in. Kering SA, the owner of Gucci, agreed to buy perfume maker Creed in an all-cash deal as the luxury conglomerate expands in the market for high-end fragrances. Kering’s beauty unit is buying 100% of Creed from funds controlled by BlackRock Inc. and current Chairman Javier Ferran, the Paris-based group said in a statement Monday.
Clifford Chance and Sullivan & Cromwell are advising on the acquisition of elite perfume house Creed by French-based luxury goods specialists Kering. The deal sees the group, chaired by French .
July 10 (Reuters) - Gucci-owner Kering (PRTP.PA) paid 3.5 billion euros (.83 billion) for acquiring high-end French fragrance label Creed in June, the Financial Times reported on Monday,. Kering SA, the owner of Gucci, agreed to buy perfume maker Creed in an all-cash deal as the luxury conglomerate expands in the market for high-end fragrances. Kering’s beauty unit is buying.
French luxury group Kering paid €3.5bn to acquire the fragrance brand Creed as the Gucci owner embarks on a strategically important expansion into the competitive high-end beauty sector.
Kering Beauté announced today that it has completed the acquisition of the high-end luxury fragrance House Creed, in accordance with the terms disclosed on June 26th, 2023 and following clearance from the antitrust authorities. Creed will be consolidated in Kering accounts starting from November 1st, 2023. French luxury conglomerate Kering announced on Monday that it has acquired the high-end fragrance brand Creed, marking its most significant step forward into the luxury beauty sector. Gucci owner Kering said on Monday it had struck a deal to buy high-end French fragrance label Creed, its first acquisition since flagging intentions earlier this year to create an in-house.
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Kering SA, the owner of Gucci, has agreed to buy Creed in an all-cash deal as the luxury conglomerate expands in the market for high-end fragrances. Kering’s beauty unit is buying 100 per cent. PARIS—Gucci owner Kering KER -0.28% is buying luxury cologne maker Creed, a 263-year-old business that once counted King George III among its clients, as the luxury giant looks to expand in. Kering SA, the owner of Gucci, agreed to buy perfume maker Creed in an all-cash deal as the luxury conglomerate expands in the market for high-end fragrances. Kering’s beauty unit is buying 100% of Creed from funds controlled by BlackRock Inc. and current Chairman Javier Ferran, the Paris-based group said in a statement Monday.
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