NYSE:COTYPersonal Products
Coty (COTY) Is Down 6.7% After Leadership Shake-Up Raises Questions On Long-Term Strategy
Coty’s controlling shareholder JAB Holdings has moved to overhaul the beauty group’s leadership, prompting chair Peter Harf to step down and signaling the expected departure of CEO Sue Nabi after a period of weak performance.
This reshuffle raises fresh questions about how quickly new leadership can clarify Coty’s long-term direction, particularly around its ongoing strategic review and category growth priorities.
Next, we’ll examine how this leadership shake-up might influence Coty’s...