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Kering Beauté Takes Minority Stake in Matiere Premiere

Kering Beauté Takes Minority Stake in Matiere Premiere

French fragrance brand Matiere Premiere announced Tuesday that Kering Beauté, the luxury group’s beauty division, had taken a minority stake in the company following its second funding round in April.

Matiere Premiere hopes to use the capital injection to grow its team in Paris and expand its e-commerce and physical distribution internationally. The brand, which was founded in 2019, is currently available in 50 countries, and plans to open…


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