Kering Launches Beauty Division with New Hire from Estée Lauder
Kering, the company that owns Gucci, is creating a new beauty division called Kering Beauté. The company has hired Raffaella Cornaggia, a former senior executive at Estée Lauder, to lead the division. Ms. Cornaggia will help create beauty products for brands such as Bottega Veneta, Balenciaga, and Alexander McQueen. Kering said the new division would …
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