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07.07.26 - 22:21
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L′Oréal enters a 50-year exclusive worldwide beauty licence with Kering for the Gucci brand (GlobeNewswire EN)
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Clichy, France – July 7th, 2026 – Following today's announcement by Kering of the early redemption of the Gucci Beauty licence with Coty, and pursuant to the terms of the alliance forged on 19th October 2025 between Kering and L'Oréal, L'Oréal announces entering into a fifty-year exclusive license agreement for the creation, development, and distribution of fragrances and beauty products for the Gucci brand. The new license shall come to effect as of July 1st, 2027, subject to regulatory approvals, at which point L'Oréal will assume responsibility for the development and management of Gucci Beauty activities worldwide....
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02.07.26 - 14:18
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Coty Sharpens Leadership Structure and Operating Model Under Coty.Curated (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Regulatory News:
Today, Coty Inc. (NYSE: COTY) (Paris: COTY) announced a set of organizational changes that advance its Coty.Curated strategy by bringing commercial decision-making closer to the center and enabling the company to move faster.
Executive Chairman and interim CEO Markus Strobel will take direct control of Prestige commercial operations, with Coty's regional leaders reporting to him. The change brings leadership closer to the markets, speeds up decision-making, and sharpens accountability for sell-out and market share.
As part of these changes, Coty will integrate Prestige R&D and sustainability with supply chain into one simplified function under the interim leadership of Graeme Carter, Chief Supply Chain Officer. Bringing prestige innovation, sustainability, and supply chain together under one leader streamlines how the company develops and delivers behind its core businesses. Gordon von Bretten, President of Consumer Beauty, will continue to drive an already int...
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