The French luxury group (Yves Saint Laurent, Gucci) announced this Friday that it will create a Beauty division. At its head will be Raffaella Cornaggia, former director of Estée Lauder.
Global luxury giant Kering announced on Friday the creation of a “Beauty” division to develop cosmetics and perfumes, a now “strategic” sector for the French group, naming Raffaella Cornaggia, a former manager at competitor Estée Lauder, to head it. .
“The creation of Kering Beauté” should allow brands such as Bottega Veneta, Balenciaga, Alexander McQueen, Pomellato and Qeelin to develop in the beauty sector, “a sector that we identify as strategic” and “which constitutes a natural extension of its universe”. , explains the group in a press release.
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Source: BFM TV
