Coty has plans to divest or discontinue licensed lines representing 6-8% of its net revenue—a significant portion of these will be in the fragrance area. As part of Coty’s deal to buy 41 P&G beauty brands in October, the company will take over Hugo Boss and Gucci, among other licenses, which it plans to hone its focus on. William Morris Endeavor acquires Rabineau Wachter … [Read more...] about M&A & Expansions
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