Tag Archives: EUR

L’Oréal completes EUR 4 billion acquisition of Kering’s magnificence arm

L’Oréal completes EUR 4 billion acquisition of Kering’s magnificence arm

L’Oréal has finalized its EUR 4 billion acquisition of Kering’s magnificence division after securing approval from competitors authorities, the 2 French teams mentioned in separate statements on Tuesday, March 31. The deal, introduced in October 2025, contains the sale of the Creed model and the switch of Gucci’s magnificence operations to L’Oréal as soon as […]

On-line flash gross sales group Showroomprivé experiences EUR 40 million loss in 2024

On-line flash gross sales group Showroomprivé experiences EUR 40 million loss in 2024

On Thursday, March 13, Showroomprivé (SRP Groupe) introduced a web lack of almost EUR 40 million for 2024, primarily as a consequence of a “a revaluation of the acquisition debt of The Bradery,” one of many group’s three platforms. Showroomprivé, which reported a web revenue of EUR 500,000 the earlier yr, said that excluding this […]

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