L’Oreal Seeks Earlier Access to Gucci Beauty Licence as Kering and Coty Hold Talks
French cosmetics giant L’Oreal has indicated it would welcome gaining control of the Gucci beauty licence before its current 2028 expiry date, as discussions continue between Gucci owner Kering and existing licence holder Coty Inc. Chief Executive Nicolas Hieronimus told analysts that L’Oreal would be pleased to access the brand earlier, while confirming that negotiations […]