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...The overhaul marks the latest big change inside the empire of JAB, the European investment group best known for its ownership of Pret A Manger, Coty and Krispy Kreme....
...JAB Holding, the European investment group that owns Pret A Manger, Coty and Krispy Kreme, is replacing its longtime chief executive who spearheaded a transformation of its portfolio into a collection of...
...Coty said it would use the proceeds to pay down debt and for strategic investments in the business....
...Beauty, Coty and Estée Lauder were lower by 9.7 per cent, 5.1 per cent, and 4 per cent, respectively....
...PayPal, Coty, News Corp and Mattel will post their earnings after the market closes. Fedspeak: US Federal Reserve governors Adriana Kugler and Michelle Bowman will make separate appearances....
...That would be well below L’Oréal on 20 times and below the 12 times that Coty and L’Occitane trade at. Spain’s largest IPO in years is so far looking good. andrew.whiffin@ft.com...
...Elio Leoni Sceti, Coty (zero days) Coty announced in April 2015 that the music-to-frozen foods exec Leoni Sceti was to become its new CEO in July....
...Coty thinks a listing in Paris will create new liquidity and perhaps fetch a higher valuation for the stock. Yet that might not be necessary. Coty’s shares have done well on their own in the US....
...Coty is dwarfed by its French competitor, whose market capitalisation has grown to €226bn ($249bn) against Coty’s $9.9bn....
...Then, in 1907, the Parisian jeweller and glassmaker René Lalique was commissioned by perfumer François Coty to produce ornate glass bottles for fragrances, later including his pioneering Chypre....
...“Biotech gives us access to rare substances that would traditionally be difficult to extract,” echoes Dr Shimei Fan, chief scientific officer at Coty....
...He served as chief transformation officer of Coty since 2020. Alat, a Saudi Arabian company established by PIF to focus on electronics and industrials, has appointed Amit Midha as CEO....
...Franco-American company Coty holds the licence for Gucci-branded beauty products until at least 2028....
...Companies including Norwegian Cruise Line Holdings, aerospace and defence group TransDigm, beauty products company Coty and billboard advertising business Clear Channel Outdoor have done some of the largest...
...Other earnings: Private equity firm Apollo Global and cosmetics group Coty report before the opening bell....
...Citi estimates the Gucci licence is currently worth about $500mn a year in sales for Coty....
...Most luxury brands license the cosmetics and fragrance side of their businesses to specialists such as Coty. But LVMH has insisted on managing the business in-house....
...split off China business after US pressure (FT) Magellan Midstream holders approve $18.8bn sale to ONEOK (Reuters) LSE Group chief hits back at ‘clickbait’ criticism of the City (FT) US beauty firm Coty...
...Lex reckons that Coty can reap the same gain by pushing its brands up market....
...Years ago, I worked with Coty and had a fragrance with David, and it was always my dream to create my own fragrance or fragrances, but I wanted to do it my way.”...
...News round-up Ken Griffin joins Paul Marshall’s bid for Telegraph Group (FT) Coty pushes ahead with plans for dual Paris listing (FT) Liberty Media proposes merger with radio broadcaster Sirius XM (Reuters...
...US: Richard Dickenson becomes CEO of Gap, the clothing retailer Results: Dick’s Sporting Goods Q2, BHP FY, Baidu Q2, China Aircraft Leasing Group, Coty H1 interim results, Q4, Fidelis Insurance Holdings...
...It has sold weaker businesses, including the 2015 disposal to Coty of 43 beauty brands for $12.5bn. And it has delivered really cracking execution across the rest of the portfolio....
...WSJ) Bank of America to pay $250mn for overdraft and credit card abuse (FT) Disney explores strategic options for India business (WSJ) Kim Kardashian in talks to buy back stake in beauty business from Coty...
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