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0 · does Coty own Gucci
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does Coty own Gucci
PARIS, July 6 (Reuters) - Coty (COTY.N) said on Thursday there will be no discussion of a Gucci licence deal in the next five years.Coty said on Thursday there will be no discussion of a Gucci licence deal in the next five years. "There will be no discussion on the renewal of any of our licences before at least 5 years,”. Coty should enjoy its Gucci license while it lasts. The beauty conglomerate owns the rights to develop, manufacture, market and distribute beauty products for the fashion . On August 21, 2023, Coty announced that it had expanded and extended its long-term license agreement with Marc Jacobs. As long-standing partners in the fragrance .
The Hold rating also reflects the uncertainty surrounding the Gucci license, which is a significant point of concern for investors, given its importance to Coty’s Prestige fragrance . Operated by license partner Coty, the digital flagship brings Gucci Beauty’s full range of make-up and fragrances to over 770 million consumers on the Tmall platform. Available in stores on April 1, 2023, Where My Heart Beats Eau de Parfum is the latest fragrance in Gucci’s The Alchemist’s Garden collection, which is inspired by the art of alchemy. The fragrance uses the innovative, .
Coty is on shakier ground as it has more to lose. It holds the license for Gucci—one of its pillar brands—and did for Alexander McQueen, Balenciaga and Bottega . Coty has the licence for fragrances for sportswear giant Adidas, an opportunity to lean more into the connections between wellness and sport. Geographically, the best opportunities for growth for Coty are in Asia, with . Coty reported strong sales of licensed Gucci, Burberry and Marc Jacobs fragrances in the first quarter ended March 31. Gucci fragrances and make-up will be key for .PARIS, July 6 (Reuters) - Coty (COTY.N) said on Thursday there will be no discussion of a Gucci licence deal in the next five years.
Coty said on Thursday there will be no discussion of a Gucci licence deal in the next five years. "There will be no discussion on the renewal of any of our licences before at least 5 years,”. Coty should enjoy its Gucci license while it lasts. The beauty conglomerate owns the rights to develop, manufacture, market and distribute beauty products for the fashion house, as well as several others owned by Kering. For now, at least. On August 21, 2023, Coty announced that it had expanded and extended its long-term license agreement with Marc Jacobs. As long-standing partners in the fragrance category, Coty and Marc Jacobs added Beauty to the license agreement.
The Hold rating also reflects the uncertainty surrounding the Gucci license, which is a significant point of concern for investors, given its importance to Coty’s Prestige fragrance sales. Operated by license partner Coty, the digital flagship brings Gucci Beauty’s full range of make-up and fragrances to over 770 million consumers on the Tmall platform.
Available in stores on April 1, 2023, Where My Heart Beats Eau de Parfum is the latest fragrance in Gucci’s The Alchemist’s Garden collection, which is inspired by the art of alchemy. The fragrance uses the innovative, CarbonSmart™ .
Coty is on shakier ground as it has more to lose. It holds the license for Gucci—one of its pillar brands—and did for Alexander McQueen, Balenciaga and Bottega Veneta as well.
Coty has the licence for fragrances for sportswear giant Adidas, an opportunity to lean more into the connections between wellness and sport. Geographically, the best opportunities for growth for Coty are in Asia, with Lancaster and .
Coty reported strong sales of licensed Gucci, Burberry and Marc Jacobs fragrances in the first quarter ended March 31. Gucci fragrances and make-up will be key for Coty’s expansion in China, where the company opened a flagship Gucci store in February on Alibaba’s Tmall ecommerce site.PARIS, July 6 (Reuters) - Coty (COTY.N) said on Thursday there will be no discussion of a Gucci licence deal in the next five years.Coty said on Thursday there will be no discussion of a Gucci licence deal in the next five years. "There will be no discussion on the renewal of any of our licences before at least 5 years,”. Coty should enjoy its Gucci license while it lasts. The beauty conglomerate owns the rights to develop, manufacture, market and distribute beauty products for the fashion house, as well as several others owned by Kering. For now, at least.
On August 21, 2023, Coty announced that it had expanded and extended its long-term license agreement with Marc Jacobs. As long-standing partners in the fragrance category, Coty and Marc Jacobs added Beauty to the license agreement.
Coty Gucci deal
The Hold rating also reflects the uncertainty surrounding the Gucci license, which is a significant point of concern for investors, given its importance to Coty’s Prestige fragrance sales. Operated by license partner Coty, the digital flagship brings Gucci Beauty’s full range of make-up and fragrances to over 770 million consumers on the Tmall platform.
Available in stores on April 1, 2023, Where My Heart Beats Eau de Parfum is the latest fragrance in Gucci’s The Alchemist’s Garden collection, which is inspired by the art of alchemy. The fragrance uses the innovative, CarbonSmart™ . Coty is on shakier ground as it has more to lose. It holds the license for Gucci—one of its pillar brands—and did for Alexander McQueen, Balenciaga and Bottega Veneta as well. Coty has the licence for fragrances for sportswear giant Adidas, an opportunity to lean more into the connections between wellness and sport. Geographically, the best opportunities for growth for Coty are in Asia, with Lancaster and .
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