Investment Bank Jefferies Downgrades Coty After Disappointing Q4 Results Investment bank Jefferies recently made a significant move in the financial market by downgrading the American beauty giant Coty. This decision came on the heels of Coty reporting worse-than-expected fourth-quarter results, which led to a sharp decline in its stock price, dropping by a notable 20%. […]
Coty Annual Revenue Slides 4%, Eyes Turnaround in 2026
Coty Annual Revenue Slides 4%, Eyes Turnaround in 2026 Cosmetics giant Coty has faced a 4% dip in annual revenue, signaling a challenging period for the renowned company. However, all eyes are now on a hopeful turnaround projected for 2026. Chief Executive Sue Y. Nabi expressed optimism about the future, stating that the US conglomerate […]
Who Could Buy Coty’s Brands?
Who Could Buy Coty’s Brands? Rumors have been circulating in the beauty industry that Coty, the American cosmetics company, is considering selling off its consumer and prestige brands. With a market that is showing signs of cooling down and a portfolio that has received mixed reviews, finding potential buyers for Coty’s brands might prove to […]
Calvin Klein Bets on Body Sprays to Be Gen-Z’s Obsession
Calvin Klein Bets on Body Sprays to Be Gen-Z’s Obsession In the ever-competitive world of fashion and beauty, staying relevant to younger consumers is key. With Gen-Z becoming an increasingly influential demographic, brands are constantly seeking innovative ways to capture their attention and loyalty. Calvin Klein, a name synonymous with timeless style and sophistication, is […]
Coty Shares Surge on Report Company Looking to Sell Off Units
Coty Shares Surge on Report Company Looking to Sell Off Units Coty, the American cosmetics giant, has recently made headlines in the business world as its share price experienced a significant surge of 13 percent. The catalyst behind this sudden spike in the company’s valuation stems from a report published in Women’s Wear Daily. According […]
Coty Cuts Annual Profit Forecast
Coty Cuts Annual Profit Forecast: What’s Next for the Beauty Giant? Coty, the global beauty company known for its wide range of cosmetic and fragrance brands, recently announced a downward revision of its annual profit forecast. The news sent ripples through the market, with the company’s shares falling about 2 percent in extended trading. This […]
Coty to Cut 700 Jobs As Part of Cost-Saving Initiative
Coty to Cut 700 Jobs As Part of Cost-Saving Initiative Coty, the renowned American beauty conglomerate, has recently made headlines with its decision to implement a substantial cost-saving initiative. The company announced on Thursday that as part of this newly enhanced program, it will be slashing 700 jobs worldwide. This accounts for approximately 5 percent […]
Coty Misses Quarterly Revenue Estimates
Coty Misses Quarterly Revenue Estimates: A Sign of Changing Trends in the Beauty Industry Coty, a global beauty company, recently announced a disappointing second-quarter revenue result, falling short of estimates and leading to a cut in its annual profit forecast. The company attributed this setback to several factors, including a decrease in demand for cosmetics […]
Coty Wins Swarovski Beauty License
In a significant strategic move, Coty Inc. has secured a long-term licensing agreement with Swarovski, the renowned Austrian crystal maker celebrated for its shimmering jewelry and artful home decor. This partnership marks Coty’s latest addition to its growing portfolio of fragrance licenses, which already includes established brands such as Hugo Boss, Tiffany & Co., and […]
Coty Sees Annual Profit at Low End of Forecast as Mass Beauty Demand Slows
In a world where beauty often reigns supreme, Coty Inc. finds itself navigating a challenging market landscape. The company recently announced that it expects its annual profit to be at the low end of its forecast due to a slowdown in consumer demand for beauty products, particularly in critical markets like the United States and […]