Coty

Coty Sees Makeup Demand Slump Shave Millions Off Revenue

Cosmetics firm Coty Inc is to step up its investments in skin-care to offset a pandemic-driven fall in demand for its makeup products that led to a disappo...

Coty Posts Wider-Than-Expected Loss As Virus-Wary Shoppers Stay Home

Cosmetics maker Coty Inc posted a bigger-than-expected quarterly loss and a 56% slump in sales, as demand for its beauty products took a hit from closures...

Coty Changes CEO Again, Hires Former L'Oréal Executive To Revive Sales

Coty Inc has named former L'Oréal executive Sue Nabi as chief executive officer, the cosmetics maker's fifth since its multi-billon dollar deal...

Coty To Buy 20% Stake In Kim Kardashian West's Beauty Line

Coty Inc has agreed to buy a 20% stake in reality TV star Kim Kardashian West's makeup brand KKW for $200 million (€177.8 million), the Financial Time...

Coty Names Chairman Harf As CEO To Oversee Turnaround

Coty Inc has announced that Peter Harf, chairman of both the company and its top investor JAB Holdings, would return as chief executive officer after...

Coty Beauty Sale Grinds To A Halt Amid Salon And Nail Bar Shutdowns: Sources

German conglomerate Henkel and US buyout fund KKR are holding off bidding for a portfolio of beauty brands that Coty Inc is trying to sell as they fret ove...

Amazon Wins EU Court Backing In Trade Mark Dispute With Coty

Amazon is not liable for unwittingly stocking trade mark infringing goods for third-party sellers, Europe's top court said on Thursday, handing the US onli...

Henkel To Sell Or Discontinue Some Consumer Brands In Plan To Bolster Profit

Henkel has announced plans to sell or discontinue some brands in its consumer businesses by 2021 while looking for acquisition opportunities as it seeks to...