Kering’s purchase of Creed is a discerning choice. The company has a long and storied history, and its fragrances are known for their quality and exclusivity. This makes it a good fit for Kering, which is looking to expand its presence in the luxury beauty market.
The acquisition also makes sense from a strategic standpoint. Kering already owns a number of high-end fashion brands, such as Gucci and Saint Laurent. By adding Creed to its portfolio, the company will be able to offer a more comprehensive range of beauty products to its customers.
I think this is a good move for Kering, and I’m excited to see how it develops in the future. Creed is a well-respected brand, and I think it has the potential to help Kering become a major player in the luxury beauty market.
Here are some of the reasons why I think Kering’s purchase of Creed is a good move:
- Creed is a well-respected brand with a long history.
- The company’s fragrances are known for their quality and exclusivity.
- The acquisition will help Kering expand its presence in the luxury beauty market.
- It is a strategic move that will allow Kering to offer a more comprehensive range of beauty products to its customers.
I think this is a good sign for the future of Kering’s beauty division. With Creed in its portfolio, the company is well-positioned to compete with other luxury beauty brands. I’m excited to see how it develops in the years to come.
