I heard some rumors recently about a possible acquisition in the fashion and fragrance industry. Specifically, I'm wondering if Gucci, the well-known fashion brand, has purchased Creed, the luxury fragrance house.
6 answers
SumoPride
Tue Oct 22 2024
The luxury goods giant Kering, renowned for owning prestigious fashion house Gucci, has recently made a significant acquisition in the fragrance industry.
Tommaso
Mon Oct 21 2024
According to the Financial Times, Kering has shelled out a staggering $3.8 billion to take over Creed, a renowned French fragrance label.
EthereumElite
Mon Oct 21 2024
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Carolina
Mon Oct 21 2024
This deal underscores Kering's commitment to expanding its portfolio and diversifying its offerings beyond fashion, venturing into the lucrative world of fragrances.
GangnamGlamour
Mon Oct 21 2024
Creed, a heritage brand known for its opulent and refined scents, has a loyal following among discerning customers worldwide. The acquisition is expected to boost Kering's presence in the premium fragrance market.