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July 9, 2014
05:41 EDTCOTYCoty announces new organizational structure
Coty announced a new organizational structure that aims to reinforce the company's growth path and strengthen its position as a global leader in beauty. The organization design will evolve from two stand-alone divisions, Coty Prestige and Coty Beauty, to a more integrated model built around categories and regions while maintaining prestige and mass differentiation and unique treatment in brand building, product development and sales execution where it represents a critical success factor. The move is expected to bring a more holistic view of consumer evolution and growth opportunities by product category, resulting in a sharper innovation approach. This global effort is also expected to improve coordination and resource allocation between channels and markets, and to increase focus on specific consumer and retailer needs of each region. Further, it will eliminate duplication, ultimately bringing operational efficiencies to help accelerate Coty's path to profitable growth and generate additional resources to be re-invested behind Coty's power brands and strategic markets.
News For COTY From The Last 14 Days
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February 8, 2016
10:06 EDTCOTYHigh option volume stocks
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February 4, 2016
07:08 EDTCOTYCoty sees closing P&G Specialty Beauty business merger in 2H16
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07:07 EDTCOTYCoty: Q2 showed continued improvement in business fundamentals
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07:06 EDTCOTYCoty reports Q2 adjusted EPS 38c, consensus 35c
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January 27, 2016
08:00 EDTCOTYTiffany, Coty announce new fragrance agreement
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