Why Coty (COTY) Is Down 6.7% After Leadership Shake-Up And Mass-Market Brand Review
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Why Coty (COTY) Is Down 6.7% After Leadership Shake-Up And Mass-Market Brand Review
Coty’s controlling shareholder JAB Holdings has already begun a leadership overhaul, with chair Peter Harf and CEO Sue Nabi set to leave amid a review of underperforming mass-market cosmetics brands and potential divestitures such as CoverGirl, Rimmel, and Max Factor. The shake-up comes as Coty prepares for the loss of its Gucci beauty ...
2 weeks ago
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