L'Oreal Seeks Earlier Access to Gucci Beauty Licence as Kering and Coty Continue Talks
L'Oreal's chief executive, Nicolas Hieronimus, said the company would welcome obtaining the Gucci beauty licence before its scheduled transfer in 2028. The licence, currently held by Coty, remains a topic of negotiation between Coty and Gucci's owner Kering. Key industry moves around the licence have followed Kering's sale of its Creed-centred beau…