The Beauty Pivot: How Luxury Brands Are Redefining Their Focus
In our latest post, we explore the significant shift of luxury giants like Kering and Richemont towards beauty, the resilience and growth of the beauty sector in challenging times, and the impact of landmark acquisitions such as Kering Beauté's purchase of Creed and and Puig's acquisition of Byredo.
This shift is not just a diversification strategy but a redefinition in itself. The resilience, growth, and high margins of the luxury beauty segment, make it an attractive investment.
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