Why Kering Chose Creed for Its First Big Beauty Acquisition

Jacquemus at Versailles; The Return of Perms

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WHAT YOU NEED TO KNOW TODAY: TUESDAY, JUNE 27, 2023 Kering has acquired luxury fragrance house Creed, its first major move in beauty. Simon Porte Jacquemus' Versailles show was an ode to Diana, people's princess. Thanks to TikTok, K-pop and softer, subtler waves, the perm has found a new audience: Gen-Z. Oddity, parent of beauty brands Il Makiage and Spoiled Child, filed with US regulators to go public.

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BEAUTY Why Kering Chose Creed for Its First Big Beauty Acquisition By Tamison O'Connor

The luxury group reportedly paid up to $2 billion for the niche fragrance house, a sign of the luxury conglomerate's ambitions for its new beauty arm. READ MORE

FASHION WEEK At Jacquemus, an Ode to Princess Diana By Dan Thawley

Simon Porte Jacquemus staged his latest show at the Palace of Versailles as part of a brand elevation push. Fittingly for the designer, the collection was inspired not by Marie Antoinette but a people's princess. READ MORE

BEAUTY The Return of Perms By Yola Mzizi

The centuries-old hairstyle that reached its peak in the 1970s is now embraced by a new audience: Gen-Z. Thanks to TikTok, K-pop and innovation within the category, the perm is getting a long overdue lift. READ MORE

Unilever's New CEO May Need to Get Radical for a Company Turnaround READ MORE

Il Makiage Parent Oddity Files to Go Public READ MORE

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