Continued Acceleration in Like-for-like Growth*
Progress across All Divisions

Paris and Clichy, France. October 19, 2025 – Kering and L’Oréal announced today that they are entering a long-term strategic partnership in luxury beauty and wellness. This binding agreement encompasses the acquisition of the House of Creed by L’Oréal, the beauty and fragrance licenses of iconic Houses of Kering and an exclusive venture to explore business opportunities in the field of wellness and longevity. 

L’Oréal today announces a number of moves within the Group’s Executive Committee, which will become effective January 1, 2026, with handovers starting sequentially from October 1, 2025.