Kering has successfully issued a 750 million euro ($815 million) bond to enhance its financial flexibility and support the development of its high-end beauty division. The bond, with a maturity of 4.5 years and a coupon rate of 3.125%, aligns with the group’s liquidity management strategy. Proceeds from the offering will provide additional resources for Kering Beauté’s portfolio, which includes Bottega Veneta, Balenciaga, and the recently acquired fragrance house Creed. Analysts view the move as a strategic step to reinforce the influence of Kering’s core brands and drive growth in the beauty and personal care sector.