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Coty Lifts Profit Forecast As Luxury Shoppers Seek Cosmetics, Fragrances

Coty Inc raised its annual profit forecast for the second time and beat quarterly revenue and earnings estimates, buoyed by the CoverGirl pa...

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....

Rimmel Owner Posts Better-Than-Expected Q1 Results

Beauty products maker Coty Inc today posted better-than-expected quarterly results, selling more of a range of luxury perfumes which include Burberry and G...