Coty Feels Strain of $12 Billion Bet on P&G Beauty Business

Coty is writing down $3 billion on the beauty brands it bought from Procter & Gamble and restructuring its business. As Fred Katayama reports, investors gave the turnaround plan the thumbs down, sending its shares south......»»

Advent and Cinven will have to strain every sinew to make their purchase of Thyssenkrupp’s elevator business pay off......»»

Cosmetics and beauty products maker Coty is reportedly interested in selling its professional beauty brands. The sale could fetch as much as $8 billion according to some......»»

After explosive growth, the $8 billion influencer marketing business may for the first time be showing signs of strain......»»

Unilever, Henkel and buyout funds are exploring bids for some of Coty's top beauty brands, sources tell Reuters. As Fred Katayama reports, a deal could be worth up to $7 billion......»»

Consumer goods giants Unilever and Henkel and a series of buyout funds including Advent and Cinven are talking to U.S. cosmetics maker Coty to submit bids for some of its most popular beauty brands, three sources told Reuters......»»

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Coty Inc. will still have problems, even if it does decide to sell off the professional beauty and Brazilian businesses, Wells Fargo a.....»»

Former Procter & Gamble Co. brands that were acquired by Coty Inc. could be resold for billions of dollars. Coty disclosed today that the firm intends to sell its Professional Beauty Business and associated hair brands, which includes former P&G brand.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Coty Inc. stock rose 5.8% in Monday premarket trading after the beauty company announced it will.....»»

The New York-based company will also write down about $3 billion in value of its brands acquired from Procter & Gamble......»»

Since beauty company Coty bought Procter & Gamble’s beauty brands for $12.5 billion in October 2016, it has been working on “fixing and improving” them, according to chief executive Camillo Pane. .....»»

With over 26 million followers on Instagram and over 2 million subscribers on YouTube, a makeup artist and founder of billion-dollar brand Huda Beauty, Huda Kattan has transformed a .....»»

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E.l.f. Beauty's newest digital experience is the "your best e.l.f." app for the Apple Vision.....»»

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The owner of several retail brands and a licensing business could hit the public markets with a $10 billion IPO being explored for 2021. read more.....»»

Coty’s president of luxury brands will step down this summer, the beauty company announced. Simona Cattaneo will leave her role after five years with the company to pursue other interests. Her successor has not yet been named. “Having j.....»»