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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New Players Enter the eSports Area
By Karina Masolova Turner's Cartoon Network EMEA is the latest company to enter the eSports arena with a single elimination live tournament based on its upcoming mobile game app Adventure Time Card Wars Kingdom in partnership with Machinima. Let's Play Flooping Card Wars! will stream on Machinima's Twitch channel on July 15, when four of the gaming culture site's top … [Read more...] about New Players Enter the eSports Area