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The Gucci owner, Kering, is selling its beauty division to L’Oréal for €4bn (£3.5bn), as its new chief executive, Luca de Meo, seeks to turn around the French...
The beginnings. Born in 1908 to Hungarian Jewish immigrant parents, young Josephine Esther Mentzer became interested in the composition of beauty creams thanks to her chemist uncle, who had...