GBAF Logo
Finance

Kering CEO interested in taking Gucci beauty licence back earlier than 2028

Published by Global Banking & Finance Review

Posted on February 10, 2026

1 min read

· Last updated: February 10, 2026

Add as preferred source on Google
Kering CEO interested in taking Gucci beauty licence back earlier than 2028
innovation financial community investment
Global Banking & Finance Awards 2026 — Call for Entries

PARIS, Feb 10 (Reuters) - Kering CEO Luca de Meo said on Tuesday he would be interested in taking back the licence for Gucci beauty products, currently held by Coty, earlier than the 2028 expiry of

Kering's CEO Seeks Early Return of Gucci Beauty License from Coty

Kering's Plans for Gucci Beauty License

PARIS, Feb 10 (Reuters) - Kering CEO Luca de Meo said on Tuesday he would be interested in taking back the licence for Gucci beauty products, currently held by Coty, earlier than the 2028 expiry of the contract.

Current Contract Details

Responding to an analyst's question after reporting 2025 earnings, De Meo added that the company continues to respect the current contract.

CEO's Vision and Future Steps

(Reporting by Dominique Patton; Editing by Joe Bavier)

Key Takeaways

  • Kering CEO Luca de Meo is interested in reclaiming the Gucci beauty license.
  • The current license with Coty is set to expire in 2028.
  • Kering respects the existing contract terms.
  • The announcement followed the 2025 earnings report.
  • Future steps for Gucci beauty are being considered.

Frequently Asked Questions

What is a beauty license?
A beauty license is a legal agreement that allows a company to produce and sell beauty products under a specific brand name.
What is a contract expiration?
Contract expiration refers to the end date of a legal agreement, after which the terms of the contract are no longer valid.
What is a CEO?
A CEO, or Chief Executive Officer, is the highest-ranking executive in a company, responsible for making major corporate decisions and managing overall operations.

Tags

Related Articles

Image for Trump says he speaks with Putin and Zelenskiy -Fox News

Trump says he speaks with Putin and Zelenskiy -Fox News

Image for Trump tells Fox News Iran can call US if it wants to negotiate

Trump tells Fox News Iran can call US if it wants to negotiate

Image for Australia's Wong to visit Japan, China, South Korea to discuss energy security

Australia's Wong to visit Japan, China, South Korea to discuss energy security

Image for Hungary's Magyar to meet EU's von der ​Leyen for talks on EU funds this week

Hungary's Magyar to meet EU's von der ​Leyen for talks on EU funds this week

Image for Switzerland angers Italy by claiming costs of treating Crans-Montana fire victims

Switzerland angers Italy by claiming costs of treating Crans-Montana fire victims

Image for Russian defence minister visits North Korea

Russian defence minister visits North Korea

More from Finance

Explore more articles in the Finance category

Image for Fertiliser plant in Russia's Vologda region damaged in Ukrainian drone attack, governor says
Fertiliser plant in Russia's Vologda region damaged in Ukrainian drone attack, governor says
Image for Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports
Close Brothers will not take legal action against Britain's car finance redress scheme, Sky News reports
Image for Germany's far-right AfD rises to record 28%, INSA poll shows
Germany's far-right AfD rises to record 28%, INSA poll shows
Image for German government suspects Russia of Signal attack targeting politicians, sources say
German government suspects Russia of Signal attack targeting politicians, sources say
Image for Romania finds parts of second drone after overnight Russian attack on Ukraine
Romania finds parts of second drone after overnight Russian attack on Ukraine
Image for China condemns EU's inclusion of Chinese entities in sanctions package against Russia
China condemns EU's inclusion of Chinese entities in sanctions package against Russia
Image for Russian parliament speaker in North Korea to mark Pyongyang's troop deployment in Ukraine war
Russian parliament speaker in North Korea to mark Pyongyang's troop deployment in Ukraine war
Image for Macron reaffirms efforts to reopen Strait of Hormuz, as TotalEnergies warns of energy shortages
Macron reaffirms efforts to reopen Strait of Hormuz, as TotalEnergies warns of energy shortages
Image for France's Macron says EU mutual assistance clause is unambiguous
France's Macron says EU mutual assistance clause is unambiguous
Image for US to let Venezuela pay Maduro's lawyer in drug trafficking case
US to let Venezuela pay Maduro's lawyer in drug trafficking case
Image for Italy votes down equal parental leave while fathers redefine their role online
Italy votes down equal parental leave while fathers redefine their role online
Image for German auto industry faces even tougher competition as China economy slows
German auto industry faces even tougher competition as China economy slows
View All Finance Posts