{"id":379313,"date":"2023-06-29T11:12:28","date_gmt":"2023-06-29T09:12:28","guid":{"rendered":"https:\/\/highxtar.com\/?p=379313"},"modified":"2023-06-29T11:12:30","modified_gmt":"2023-06-29T09:12:30","slug":"kering-group-acquires-luxury-perfume-brand-creed","status":"publish","type":"post","link":"https:\/\/highxtar.com\/en\/kering-group-acquires-luxury-perfume-brand-creed\/","title":{"rendered":"Kering Group acquires luxury perfume brand Creed"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Kering, owner of brands such as Gucci and Balenciaga, has just announced the acquisition of the perfume company Creed.<\/h2>\n\n\n\n<figure class=\"wp-block-image alignwide size-large\"><img decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/kering-creed-1-0bc269u9-2023-06-27-1024x683.jpeg\" alt=\"\" class=\"wp-image-379308\" srcset=\"https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/kering-creed-1-0bc269u9-2023-06-27-1024x683.jpeg 1024w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/kering-creed-1-0bc269u9-2023-06-27-300x200.jpeg 300w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/kering-creed-1-0bc269u9-2023-06-27-768x512.jpeg 768w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/kering-creed-1-0bc269u9-2023-06-27-973x649.jpeg 973w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/kering-creed-1-0bc269u9-2023-06-27-700x467.jpeg 700w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/kering-creed-1-0bc269u9-2023-06-27-508x339.jpeg 508w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/kering-creed-1-0bc269u9-2023-06-27.jpeg 1388w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>In a move it describes as &#8220;strategic&#8221; for the development of its new beauty division, created at the beginning of February 2023, the international group Kering announces a new acquisition. The new beauty and perfumery division of the French luxury goods group has bought <a href=\"https:\/\/www.creedfragrance.es\">Creed<\/a>, the Anglo-French haute perfumery house founded in 1760 by James Henry Creed.<\/p>\n\n\n\n<p>For Kering, it is a major deal in a segment in which chairman Fran\u00e7ois-Henri Pinault has made no secret of his ambitions in recent months.<strong><em> &#8220;The acquisition of Creed, which is Kering Beaut\u00e9&#8217;s first strategic initiative, demonstrates our ambition to build a strong position for the group in the most exclusive segment of this category,&#8221;<\/em><\/strong> said the CEO.<\/p>\n\n\n\n<p>As for Creed&#8217;s expansion, the French group says it wants to protect its positioning, but also <strong><em>&#8220;unlock its full potential, both geographically and in terms of distribution and product categories, in particular by accelerating Creed&#8217;s development in China and in travel retail, and by continuing its expansion in women&#8217;s fragrances and body and home products&#8221;.<\/em><\/strong><\/p>\n\n\n\n<p>The fact that the management team will be retained will undoubtedly reassure the teams at the company, which has laboratories in Fontainebleau, south of the Paris region. <strong><em>&#8220;We look forward to working with CEO Sarah Rotheram and her passionate team to continue to build on Creed&#8217;s success around the world,&#8221;<\/em><\/strong> said Raffaella Cornaggia, CEO of Kering Beaut\u00e9.<\/p>\n\n\n\n<figure class=\"wp-block-image alignwide size-full\"><img decoding=\"async\" width=\"1000\" height=\"666\" src=\"https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/c6ef.jpg\" alt=\"\" class=\"wp-image-379310\" srcset=\"https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/c6ef.jpg 1000w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/c6ef-300x200.jpg 300w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/c6ef-768x511.jpg 768w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/c6ef-973x648.jpg 973w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/c6ef-700x466.jpg 700w, https:\/\/highxtar.com\/wp-content\/uploads\/2023\/06\/c6ef-508x338.jpg 508w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/highxtar.com\/los-desafios-de-kering-en-2023\/\">Kering&#8217;s challenges in 2023.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Creed has established itself in the field of luxury artisanal perfumery through its unique olfactory &#8220;compositions&#8221;.<\/p>\n","protected":false},"author":22,"featured_media":379307,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1982],"tags":[770,2156],"class_list":["post-379313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-beauty-en","tag-kering-group-en","tag-mar-piera-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin  - 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