Coty Inc

Coty Raises Profit Forecast On Resilient Demand, Price Hikes

Coty Inc raised full-year profit forecast on Wednesday, betting on price hikes and resilient demand for its fragrances and cosmetics even as inflation pinc...

Kylie Cosmetics Seller Coty Raises Sales Forecast As Duty-Free Demand Sees Revival

Cosmetics maker Coty Inc raised its forecast for annual organic sales on Monday.

Coty Announces Plan To Sell 9% Stake In Wella To Majority Owner KKR

Coty Inc said on Friday that it plans to sell around 9% of its stake in professional beauty business Wella to majority owner KKR & Co Inc, valuing...

Coty Quarterly Revenue Falls 3% As Europe Lockdowns Dent Makeup Demand

Cosmetics maker Coty Inc reported third-quarter revenue on Monday that fell 3.3%, as sales of its beauty products were pressured by COVID-19 lockdowns....

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

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

Coty Hives Off Majority Stake In Haircare Brands To Buyout Firm KKR

Coty Inc is to sell a majority stake in its hair and nail care brands, including Wella and OPI, to U.S. buyout firm KKR & Co Inc for €2.7 bill...

European Nail Care Demand Drives Coty's Profit Beat; Shares Jump 10%

Coty Inc beat Wall Street estimates for quarterly profit and revenue on Wednesday as it sold more nail care products to salons and beauty professionals in...

Coty CEO Camillo Pane Resigns

Coty Inc said on Monday chief executive officer Camillo Pane has resigned and will be replaced by Pierre Laubies, the former CEO of Dutch coffee firm Jacob...

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