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Gucci Acquires $583.4 Mil. Sanofi Beauty Business From Artemis

This article was originally published in The Rose Sheet

Executive Summary

Gucci is purchasing Sanofi Beaute from Artemis for $1 bil., giving the fashion house Yves Saint Laurent fragrances and cosmetics, Roger & Gallet, and fragrance licenses for Van Cleef & Arpels, Oscar de la Renta, Fendi and Krizia. Sanofi beauty sales total $583.4 mil.
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