Browsing Tag
Coty
8 posts
Why L’Oréal, Coty and Unilever are betting on affordable fragrance mists
Affordable fragrance mists are gaining ground as L’Oréal, Coty and Unilever introduce new products targeting everyday beauty routines. Stronger mass-market fragrance sales suggest genuine consumer interest, but the commercial opportunity depends on repeat purchasing, margins and whether mists generate additional spending rather than replace traditional perfumes.
Coty profit fell 27% and net debt is $2.9bn. Why is its new CFO arriving now?
Former British American Tobacco CFO Soraya Benchikh has joined Coty as finance chief, inheriting $2.9 billion of net debt, a 27% decline in adjusted operating income, a Consumer Beauty strategic review and a portfolio simplification programme designed to restore growth and margins.
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 walks away from Kim Kardashian’s beauty brand—The real reason behind the split
Coty exits its investment in SKKN by Kim, selling its stake to SKIMS as the brand consolidates beauty and fashion ventures. Find out how this move reshapes the industry.
Coty shares plunge to 52-week low amid beauty market slowdown
Coty Inc. (NYSE: COTY), one of the world’s largest beauty conglomerates, has seen its shares plunge to a…
Coty to acquire stake in Kim Kardashian West’s beauty business for $200m
US beauty company Coty has agreed to acquire a 20% stake in American celebrity Kim Kardashian West’s beauty…
Coty to buy stake in Kylie Jenner’s makeup and skincare businesses
US beauty company Coty has agreed to acquire a 51% stake in Kylie Cosmetics and Kylie Skin, the…
Coty plans to divest professional beauty business and Brazilian operations
Coty, a US beauty conglomerate, has announced plans to divest its professional beauty business and associated hair brands,…