Author Topic: COTY - Coty Inc  (Read 28089 times)


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Re: COTY - Coty Inc
« Reply #61 on: May 11, 2020, 11:34:19 PM »
The story with Coty is really unbelievable.

Health & beauty is known to be a good business, look at their competitors (l'Oreal, Estee Lauder,...)
The people, JAB,  running it have a very good reputation. Look at their other holdings : Reckitt Benckiser, DE, dr Pepper Keurig, AB Inbev and were associated with 3G capital and a certain moment Buffett (takeover Avon Cosmetics). They have a reputation for being good operators and Harf (CEO JAB) also as good capital allocator.

Against all these odds, the Coty story is a continuous disaster.

They did a terrible takeover with the Procter & Gamble assets, and since then, they never got it on the rails again...