Coty shares slump 21% as weak demand and tariffs weigh on outlook
Thursday, 21 August 2025 ()
Shares of beauty giant Coty fell more than 21% in premarket trading on Thursday after the CoverGirl and Gucci fragrances owner projected a steep sales decline for the current quarter, underscoring the pressure on consumer spending and the challenges facing the US cosmetics market. The company said it expects like-for-like sales to decline between 6% […]
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