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Coty’s Interim CEO Gives Updates on Gucci License, Orveda Stores and CoverGirl’s Gen X Push
Yahoo Finance· 2026-05-07 00:27
When it comes to the Gucci license, everything is on the table, according to Coty interim chief executive officer Markus Strobel. “When it comes to Gucci, yes, obviously we are open to everything — to an early exit. It needs to create value for us and for our shareholders. And if anything becomes clear and fixed, we will obviously notify the public as it’s based on our requirements,” he said during a post-earnings call with analysts when asked if he is still open to a disposal ahead of the license maturit ...