Gucci owner acquires creed to expand in luxury fragrances

Kering’s beauty unit is buying 100% of Creed from funds controlled by BlackRock Inc. and current Chairman Javier Ferran, the Paris-based group said in a statement Monday. Further terms weren’t disclosed. Kering shares rose 1.5% in early trading in Paris on Tuesday.

Top 100 Best Sellers

Read More

​ Kering’s beauty unit is buying 100% of Creed from funds controlled by BlackRock Inc. and current Chairman Javier Ferran, the Paris-based group said in a statement Monday. Further terms weren’t disclosed. Kering shares rose 1.5% in early trading in Paris on Tuesday. Kering’s beauty unit is buying 100% of Creed from funds controlled by BlackRock Inc. and current Chairman Javier Ferran, the Paris-based group said in a statement Monday. Further terms weren’t disclosed. Kering shares rose 1.5% in early trading in Paris on Tuesday.  Moneycontrol Latest News Read More