Gucci Acquires $583.4 Mil. Sanofi Beauty Business From Artemis
This article was originally published in The Rose Sheet
Executive Summary
Gucci is purchasing Sanofi Beaute from Artemis for $1 bil., giving the fashion house Yves Saint Laurent fragrances and cosmetics, Roger & Gallet, and fragrance licenses for Van Cleef & Arpels, Oscar de la Renta, Fendi and Krizia. Sanofi beauty sales total $583.4 mil.