L’Oréal Targets 2028 Debut for Gucci Beauty Line as License Transfer Nears
L’Oréal intends to begin selling Gucci-branded beauty products as early as 2028 after taking over the production license from Coty in mid-2027 under a €4 billion deal with Kering. The company is encouraged by recent improvements in Gucci’s fashion and leather goods results and is tracking healthy e-commerce and luxury segment trends, while monitori…