From Yahoo Finance: 2025-06-16 12:22:00

Coty Inc. is rumored to be seeking buyers for its Luxury and Consumer divisions, potentially selling in two parts. Talks are in early stages, with Interparfums showing interest in fragrance brands like Burberry and Hugo Boss. Coty’s stock has dropped, and the company may be facing challenges with the potential loss of the Gucci license.

The third quarter of fiscal 2025 saw Coty’s Consumer beauty net revenue drop by 9 percent, reflecting industry softness. The company has been trying to sell its stake in Wella, with recent speculation surrounding the longevity of CEO Sue Nabi. Coty’s stock has been declining, and the loss of the Gucci license could be a significant financial hit.

Coty’s total net revenues fell by 6 percent to $1.29 billion in the third quarter, with the company ranking ninth in WWD Beauty Inc’s Top 100 Beauty Companies list. The brand is facing challenges with the performance of Kardashian’s Skkn line, as well as the expectation around the Kylie Cosmetics brand. Coty’s stock has taken a hit, and industry sources believe the company may need to sell its mass division before the fragrance business can be bought.

Read more: Coty Looks to Be for Sale, According to Industry Sources