Rimmel and Max Factor could be sold as owner Coty launches review

Rimmel and Max Factor could be sold as owner Coty launches review

The New York company said it is reviewing options for its consumer beauty arm as its seeks to focus on its more profitable fragrances operation.

Coty Reviewing Consumer Beauty Business As It Shifts Towards Fragrances

Coty announced today that it has initiated a strategic review of its consumer beauty business as part of plans to focus on its more profitable fragrances unit. Last month, the US cosmetics giant projected a quarterly sales decline after seeing (more…) The post Coty Reviewing Consumer Beauty Business As It Shifts Towards Fragrances appeared first on KamCity.

Coty unveils strategic review of its Consumer Beauty business to better ‘compete’

The beauty giant said it will concentrate on its $1.2 billion revenue mass colour cosmetics business to strengthen its balance sheet, and has announced a leadership change as part of the shake-up

Global Beauty Giant Coty Reviews $1.6B Consumer Division While Doubling Down on $5-$500 Fragrance Empire

Coty announces strategic review of its $1.2B Consumer Beauty segment and Brazil business. Company to integrate prestige and mass fragrances, representing 69% of sales, under new leadership.