Coty’s newly minted interim executive chairman and interim CEO Markus Strobel presented the company’s latest earnings to the market Thursday and stressed that there is much to be done to turn the company’s fortunes around. “It’s very clear to me that Coty has many top-notch assets and competitive advantages: highly attractive brands, best-in-class fragrance innovation capabilities, a vertically integrated business model, and a creative, entrepreneurial organization,” said Strobel, who was appointed interi ...

Will Wella Company go public? According to a Reuters report, Wella’s parent, the investment firm KKR, is readying the maker of Clairol, OPI and Ghd products to float in the U.S. as early as this year. It would value the company at much more than the $4.3 billion KKR paid for it, Reuters said, citing sources familiar with the operation. More from WWD A KKR spokesperson had no comment on Wednesday on the report. As previously reported, in mid-December 2025, Coty Inc. sold its remaining 25.8 percent stake ...