French beauty player Coty has been downgraded from a rating of Outperform to Market Perform in a move by analysts at BMO Capital Markets.
Coty demoted by analysts
French player downgraded to Market Perform
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Finance
Coty Interim CEO Markus Strobel provides update on Gucci licence situation
Strobel, speaking during a Q&A session as part of Coty’s Q3 2026 financial update, reaffirmed the French beauty giant’s position on its licence to produce Kering-owned Gucci’s beauty and fragrance lines, which will move to L’Oréal in 2028
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