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.
Business · 9 sources · Aug 19, 2026Read itThe journal
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About Rimmel
Rimmel 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.
Everything about Rimmel →- Country
- United Kingdom
- Headquarters
- London
- Inception
- 1834
- Website
- https://www.rimmellondon.com