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Luxury Market

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L’Oréal Closes €4 Billion Deal for Kering Beauté and Long-Term Brand Licenses

The pact moves Kering’s beauty operations to L’Oréal, signaling a long-run revenue model for Kering through brand royalties.

Saks Global Unlocks Final $300 Million in Pre‑Emergence Financing After Bondholder Approval

Mercedes Unveils VLE, a Luxury Electric Van With 700‑Km WLTP Range

Huawei-Backed Maextro S800 Tops China’s $100,000 Luxury Car Market

Kering Rallies After Q3 Shows Gucci Improving and €4 Billion Beauty Sale to L’Oréal

Jaguar Land Rover Names PB Balaji CEO and Rejects Trump Criticism

Automakers Race to Lock In EV Buyers Before Federal Credit Expires

Swiss Watch Exports Drop 9.5% in May Under US Tariffs

Saks Global Secures $350 Million Financing, Boosting Liquidity to $700 Million

Titan Reports 13% Profit Growth in Q4 FY25, Announces CEO Transition

Hermès to Raise U.S. Prices to Offset New Tariffs Following Strong Q1 Growth

Mytheresa Reports 13% Sales Growth and Prepares for YNAP Acquisition

Alexandre Arnault Appointed Deputy CEO of Moët Hennessy

PVH Reports 6% Revenue Drop in Q2 Amid Weak International Sales