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Home > Finance > Kering CEO interested in taking Gucci beauty licence back earlier than 2028

Kering CEO interested in taking Gucci beauty licence back earlier than 2028

Published by Global Banking & Finance Review®

Posted on February 10, 2026

1 min read

Last updated: February 10, 2026

Kering CEO interested in taking Gucci beauty licence back earlier than 2028 - Finance news and analysis from Global Banking & Finance Review

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Quick Summary

Kering CEO Luca de Meo aims to reclaim the Gucci beauty license from Coty before its 2028 expiry, while respecting current contract terms.

Kering's CEO Seeks Early Return of Gucci Beauty License from Coty

Kering's Plans for Gucci Beauty License

PARIS, Feb 10 (Reuters) - Kering CEO Luca de Meo said on Tuesday he would be interested in taking back the licence for Gucci beauty products, currently held by Coty, earlier than the 2028 expiry of the contract.

Current Contract Details

Responding to an analyst's question after reporting 2025 earnings, De Meo added that the company continues to respect the current contract.

CEO's Vision and Future Steps

(Reporting by Dominique Patton; Editing by Joe Bavier)

Key Takeaways

•Kering CEO Luca de Meo is interested in reclaiming the Gucci beauty license.
•The current license with Coty is set to expire in 2028.
•Kering respects the existing contract terms.
•The announcement followed the 2025 earnings report.
•Future steps for Gucci beauty are being considered.

Frequently Asked Questions about Kering CEO interested in taking Gucci beauty licence back earlier than 2028

1What is a beauty license?

A beauty license is a legal agreement that allows a company to produce and sell beauty products under a specific brand name.

2What is a contract expiration?

Contract expiration refers to the end date of a legal agreement, after which the terms of the contract are no longer valid.

3What is a CEO?

A CEO, or Chief Executive Officer, is the highest-ranking executive in a company, responsible for making major corporate decisions and managing overall operations.

Kering's Plans for Gucci Beauty License

Current Contract Details

Responding to an analyst's question after reporting 2025 earnings, De Meo added that the company continues to respect the current contract.

CEO's Vision and Future Steps

(Reporting by Dominique Patton; Editing by Joe Bavier)

Frequently Asked Questions

1What is a beauty license?

A beauty license is a legal agreement that allows a company to produce and sell beauty products under a specific brand name.

2What is a contract expiration?

Contract expiration refers to the end date of a legal agreement, after which the terms of the contract are no longer valid.

3What is a CEO?

A CEO, or Chief Executive Officer, is the highest-ranking executive in a company, responsible for making major corporate decisions and managing overall operations.