French Luxury House Kering Beauté Makes First Acquisition with Creed

Kering Beauté’s roster includes Bottega Veneta, Alexander McQueen, Balenciaga, Pomellato and Qeelin.

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By: Lianna Albrizio

Associate Editor

Kering Beauté has made its first acquisition: Creed.   The French luxury house acquired the high-end niche fragrance house run by BlackRock Long Term Private Capital Europe and Chairman Javier Ferrán.    Kering announced its plan to establish an in-house beauty division earlier this year. “The acquisition of Creed represents Kering Beauté’s first strategic initiative, and demonstrates our commitment to developing a strong position in the luxury beauty segment,” said Fr...

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