Coty recovers from £50m loss amid potential Rimmel and Max Factor sale Retail The UK and Ireland arm of Coty has recovered from losing more than £50m as it considers selling off the likes of Rimmel and Max Factor. The New York-listed giant announced at the end of September that it was weighing its options for its consumer beauty division. While a formal decision has not yet been [...]
Coty: Rimmel and Max Factor owner slumps to £53m UK&I loss Retail The UK and Ireland arm of Coty, the global beauty and cosmetics giant behind the likes of Rimmel and Max Factor, slumped to a loss of more than £50m during its latest financial year. The Kent-headquartered division has posted a pre-tax loss of £53.4m for the 12 months to 30 June, 2024, according to newly-filed [...]