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Partnership with KKR delivers immediate deleveraging via $1 billion direct investment and $2.5 billion net cash proceeds from Wella transaction, lowering Coty’s net debt/adjusted EBITDA from ~5.6x to ~4.5x on a pro forma basis Simplified portfolio enables focused leadershi...
Coty's (NYSE: COTY ) current Chairman Peter Harf also will take on the CEO role as soon as tomorrow, becoming the company's fourth new chief executive in less than four years, WSJ reports. More news on: Coty Inc., L'Oréal S.A., L'Oréal S.A., Consumer stocks news, Read mor...
Shares of Coty (NYSE: COTY) were taking a dive today after Forbes removed Kylie Jenner from its list of billionaires and alleged that Jenner inflated the sales volumes of her company, Kylie Cosmetics. Coty paid $600 million for a 51% stake in Kyle Cosmetics last Novembe...
Kylie Jenner is no longer a billionaire, Forbes wrote, after re-examining financials and speaking with analysts for their follow up to their widely discussed Aug. 31, 2018 cover detailing Kylie's rise to assured mega-rich status. More news on: Coty Inc., Shopify Inc., Stocks on the move,...
Coty Inc. (NYSE: COTY) today announced the appointment of Gordon von Bretten as Chief Transformation Officer to assist Coty Leadership in accelerating and amplifying the transformational journey the company has started in the recent months. Gordon von Bretten brings more than 25 years o...
News broke this week on a potential acquisition of American beauty company Coty Inc (NYSE: COTY) by German consumer goods company Henkel AG & Co. (OTC: HENOY) . The sale would be a total takeover of Coty and would result in the complete rollup of all company assets in...
Shares of Crocs (NASDAQ: CROX) , Coty (NYSE: COTY) , and Foot Locker (NYSE: FL) , an assortment of retailers, jumped 10% or higher Tuesday morning as the markets received positive news about consumer sentiment and COVID-19 vaccines. Retailers got a little spark of hope Tuesday when U.S...
Mmtec (NASDAQ: MTC ) +168% on FY results . More news on: Mmtec, Inc., Sky Solar Holdings, Ltd., Cellectar Biosciences, Inc., Stocks on the move, , Read more ...
Are These On Your Penny Stocks List This Week? When it comes to penny stocks , the world’s your oyster. For many, it all starts with a list at the start of the week. But what are you actually looking for? “Monday morning” or, in this case, Tuesday morning is an interestin...
Shares of Coty (NYSE: COTY) popped today, after the company announced its Kylie Skin products are now available in Europe. The stock closed 13% higher for the session, but had topped out at 17% higher earlier in the day. The announcement boosted Coty's valuation by a full $300 million,...
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Coty Inc. (NYSE: COTY) (Paris: COTY), one of the world’s largest beauty companies, announced that its company executives will present at upcoming investor events. Wednesday, June 5: Deutsche Bank Global Consumer Conference – Sue Nabi, Chief Executive Officer and Laurent Me...