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Rimmel — news, coverage & facts — IJR

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Coty 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.
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Rimmel (commonly known as Rimmel London) is a British multinational cosmetics brand, now owned by parent company Coty. The House of Rimmel was founded by French-born British cosmetics entrepreneur Eugène Rimmel in 1834, in Bond Street, London.

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