Browsing Tag
Coty Inc.
5 posts
Wella’s IPO looks like a beauty growth story until the $2.29bn balance-sheet number enters the picture
Wella Company has filed for a New York Stock Exchange IPO after returning to profit and lifting adjusted EBITDA above $520 million. The owner of Wella Professionals, OPI, Clairol and ghd has delivered 22 consecutive quarters of constant-currency growth, but $2.29 billion of debt means the eventual valuation will depend as much on deleveraging as brand strength.
Coty (NYSE: COTY) transfers Gucci Beauty license to Kering for $400m
Coty transfers Gucci Beauty license back to Kering for $400 million, one year early. L'Oréal takes over in 2027 under 50-year alliance. COTY debt paydown ahead.
Coty (NYSE: COTY) names Markus Strobel as Executive Chairman and interim CEO in dual leadership shift
Coty (NYSE: COTY) appoints Markus Strobel as Executive Chairman and interim CEO. Find out what this means for Coty’s Consumer Beauty strategy and investor outlook.
Could CoverGirl and Rimmel soon leave Coty’s portfolio? Fragrance pivot raises questions
Coty launches a strategic review that could see CoverGirl and Rimmel sold, as the cosmetics group doubles down on fragrance. Find out what this pivot means.
Coty’s bold makeover: Fragrance becomes backbone as consumer beauty comes under review
Discover how Coty’s fragrance-first strategy and consumer beauty review could reshape its growth path and investor sentiment in 2025.