Kering SA (PPRUY) Q3 2025 Sales Call Transcript

07:03pm, Wednesday, 22'nd Oct 2025
Kering SA (OTCPK:PPRUY) Q3 2025 Sales Call October 22, 2025 12:00 PM EDT Company Participants Armelle Poulou - Chief Financial Officer Jean-Marc Duplaix - Chief Operating Officer Conference Call Parti
Kering's sale of its beauty business to L'Oreal will result in a "net gain before tax" in Kering's annual results, COO Jean-Marc Duplaix told analysts in a call on Wednesday when asked if the transact
The Paris-based company reported a 10% decrease in revenue for the third quarter as it works to build up some momentum under Luca de Meo.
Sales at Kering's flagship brand Gucci fell by 14% in the third quarter with overall group sales down 5% on a like-for-like basis, the French group said on Wednesday, beating market expectations.

Kering: Press release - 2025 Third-quarter revenue

11:45am, Wednesday, 22'nd Oct 2025
Kering - Press release - Q3 revenue 2025 - 22 10 2025
L'Oréal, the world's leading beauty company, has reached an approximately $4.7 billion (€4 billion) agreement to acquire Kering Beauté business, including its flagship Creed fragrance brand. The d
L'Oreal's $4.7 billion deal to buy cosmetic and fragrance brands from Kering gives the French conglomerate rare 50-year licences, including for Gucci, that are likely to confirm its dominance in a gro
Kering's new CEO Luca de Meo didn't take long to make his mark.
French luxury goods company Kering said Sunday it is selling its beauty division to L'Oreal for 4 billion euros ($4.66 billion).Under the agreement, Clichy, France-based L'Oreal will acquire the House
The deal marks an early move by Kering's new chief, Luca de Meo, to revive the French luxury giant's fortunes.
The French beauty giant will acquire Kering's fragrance line Creed, as well as rights to develop products under Kering's fashion labels Bottega Veneta and Balenciaga under a 50-year exclusive licen
Gucci owner Kering has agreed to sell its beauty business to L'Oreal for 4 billion euros ($4.66 billion), the company said on Sunday, as new CEO Luca de Meo moves to tackle the luxury group's high deb
PRESS RELEASE    KERING AND L'ORÉAL FORGE AN ALLIANCE IN BEAUTY AND WELLNESS Paris and Clichy, France. October 19, 2025 – Kering and L'Oréal announced today that they are entering a long-term s
Press release - Kering and L'Oréal forge a beauty alliance - 20251019
Kering SA, the French luxury conglomerate and parent company of Gucci, is in advanced discussions to sell its beauty division to L'Oréal in a deal that could value the unit at approximately $4 billio
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