Coty Strategizes 2028 Growth Pivot Following Early Gucci License Exit

By Kathryn Hopkins · WWD Beauty · 2026-08-20

Coty Strategizes 2028 Growth Pivot Following Early Gucci License Exit

According to reporting from WWD Beauty, Coty plans to offset the departure of its Gucci business by intensifying innovation across its remaining core fragrance and cosmetic labels. The company intends to use a $400 million early redemption payment from L’Oréal to reduce debt whil

According to reporting from WWD Beauty, Coty plans to offset the departure of its Gucci business by intensifying innovation across its remaining core fragrance and cosmetic labels. The company intends to use a $400 million early redemption payment from L’Oréal to reduce debt whil