De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
coty-inc
Beauty
Coty to Buy Majority Stake in Younique for About $600 million
Coty has inked multiple deals, including the $12.5 billion acquisition of Procter & Gamble Co's specialty beauty business, which included brands such as Clairol and Wella.
Coty to Buy Majority Stake in Younique for About $600 million
Coty has inked multiple deals, including the $12.5 billion acquisition of Procter & Gamble Co's specialty beauty business, which included brands such as Clairol and Wella.
Beauty
Coty Misses First-Quarter Forecasts
The beauty products company posted revenue of $1.08 billion in the period.
Coty Misses First-Quarter Forecasts
The beauty products company posted revenue of $1.08 billion in the period.
Beauty
GHD Acquired for $511 Million by Coty
Coty Inc. agreed to buy the London-based hairstyling-appliances company GHD for £420 million ($511 million) in cash, expanding its offerings in the professional hair category.
GHD Acquired for $511 Million by Coty
Coty Inc. agreed to buy the London-based hairstyling-appliances company GHD for £420 million ($511 million) in cash, expanding its offerings in the professional hair category.
Financial Markets
Coty Declines as Investors Wait for Post-P&G Deal Strategy
Coty Inc. shares fell the most in more than seven weeks after the company posted its second straight net loss and investors wait for more insight about its pending merger with Procter & Gamble Co.’s beauty brands.
Coty Declines as Investors Wait for Post-P&G Deal Strategy
Coty Inc. shares fell the most in more than seven weeks after the company posted its second straight net loss and investors wait for more insight about its pending merger with Procter & Gamble Co.’s beauty brands.
Financial Markets
Coty Reports First Profit Miss in Seven Quarters
Perfume maker Coty Inc. reported its first profit miss in seven quarters, hurt by higher costs and weak demand for products such as Sally Hansen nail polishes in the United States.
Coty Reports First Profit Miss in Seven Quarters
Perfume maker Coty Inc. reported its first profit miss in seven quarters, hurt by higher costs and weak demand for products such as Sally Hansen nail polishes in the United States.
News & Analysis
Coty Shareholders Said to Raise $1 Billion Pricing IPO Mid-Range
NEW YORK, United States — Coty Inc., maker of perfumes endorsed by Beyonce and Heidi Klum, raised about $1 billion on behalf of existing holders in
Coty Shareholders Said to Raise $1 Billion Pricing IPO Mid-Range
NEW YORK, United States — Coty Inc., maker of perfumes endorsed by Beyonce and Heidi Klum, raised about $1 billion on behalf of existing holders in
The News in Brief
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
Zimmermann Names Roberto Eggs CEO
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.