L'Oréal acquired Kering Beauté and secured fragrance licenses for Bottega Veneta and Balenciaga, while Macy's named Alex Choueiri CEO of Bluemercury.
1 report, 1 independent
Updated Jul 14
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What happened
L'Oréal acquired Kering Beauté and secured fragrance licenses for Bottega Veneta and Balenciaga, while Macy's named Alex Choueiri CEO of Bluemercury.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Macy's Inc. is returning to the department store business after a 60-year hiatus, operating through core brands including Bluemercury.Also in this story
- Fitch assigned a BBB- rating to Macy's notes as Bluemercury was assessed in the context of Macy's overall business strategy.
- Macy's has partnered with Amazon to utilize its media network for retail advertising placements via platforms like Pacvue.
- Macy's relies on high-income shoppers at Bloomingdale's.
The entities involved
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Kering
French business (1962-)
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Bluemercury
chain of American beauty stores
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Balenciaga
French fashion house and company