PARIS, France — In a bold move to expand its luxury portfolio, French cosmetics giant L’Oreal has expressed interest in acquiring a stake in the Italian fashion house Armani, even as it finalizes a landmark $4.6 billion deal to purchase Kering’s beauty division. The announcement comes just days after L’Oreal and Kering, the parent company of Gucci, revealed the acquisition, which includes exclusive licences for iconic brands such as Gucci, Bottega Veneta, and Balenciaga starting in 2028.