Kering SA agreed to sell its beauty division to L'Oreal SA as part of a long-term strategic alliance, with Chief Executive Luca de Meo seeking to turn around the French luxury giant's fortunes. The owner of fashion brands including Gucci said the deal aims to accelerate growth, according to a statement issued by both companies on Sunday night. The deal is valued at €4 billion ($4.7 billion), according to the statement.
It's pretty incredible, I've been slightly not wanting to think about it because obviously it's a big deal [and] I've never walked a catwalk before. [But] it's an honor to be asked, and it's really important what it stands for and the fact that L'Oréal is an inclusive brand that really embraces such a diverse community.
L'Oréal's $47 billion turnover is nearly double what it was in 2014, showcasing its ability to adapt and exceed customer expectations in the beauty market.
I've always been skeptical of lash serums like this, but the reviews were great, so I decided to try it. After using for a few weeks, I noticed that my eyelashes had grown to the point that they touched my eyebrows! I honestly didn't think this was going to work, but was pleasantly surprised when it did. It works great to grow out your eyebrows as well!