BusinessCoty Posts Q4 Beat; Gucci License Exit Looms
Coty posted a modest Q4 revenue rise and stronger cash flow as it monetizes non-core assets and exits the Gucci Beauty license, while outlining FY27 as a transition year under its Coty.Curated portfolio simplification and ongoing cost discipline. The company also appointed Soraya Benchikh as CFO as part of a broader organizational refresh and signaled potential divestitures of brands like CoverGirl or Rimmel to fund debt reduction and reinvestment in core brands amid continued beauty demand headwinds.
