What will probably be next for Kering Beauté?
After months of speculation, the French luxury house in early February said it had begun taking its beauty activity back in-house, and that it appointed Raffaella Cornaggia chief executive officer of Kering Beauté — a latest position in a latest division.
She was charged with developing a team with expertise in the sweetness category for Bottega Veneta, Balenciaga, Alexander McQueen, Pomellato and Qeelin.
On the time, Kering said: “The creation of Kering Beauté will enable the group to support these brands in the event of the sweetness category, which is a natural extension of their universe.”
Up until then the thrill had been intensifying about whether Kering would make such a move and if that's the...
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