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Commerce

Global fragrance force Creed acquired by Kering

June 26, 2023

The french luxury conglomerate's recently founded fragrance arm sees the purchase as the first major step in establishing itself in the market. Image credit: Kering The corporation's all-cash transaction is expected to close in the second half of 2023. Image credit: Kering

 

French luxury conglomerate Kering is building out its beauty division with the announcement of a new acquisition.

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