Coty On Verge Of Unveiling Turnaround Plan; How Will Innovation Enter Into It?
Executive Summary
Following a third quarter marked by continued Consumer Beauty declines and downturns in its Luxury and Professional segments, Coty will present its promised turnaround plan July 1. Company leadership has emphasized a need for portfolio streamlining and targeted advertising and promotional investments; its strategy on the innovation front has been less clear to date.
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