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flag Kering explores selling its €4B beauty unit, including Kiehl’s and Aesop, to focus on fashion.

flag Kering is reportedly exploring the sale of its beauty division in a deal valued at around €4 billion ($4.3 billion), with L'Oréal among the potential buyers. flag The discussions are in early stages, and no final decision has been made. flag The move follows Kering’s strategy to focus on its core fashion and luxury goods brands. flag The beauty unit includes well-known brands like Kiehl’s and Aesop.

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