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Coty considering two-part sale, according to industry sources

US-based group Coty Inc., listed in New York and Paris, may be approaching a decisive turning point. According to several industry sources cited by WWD, the cosmetics specialist is considering a partial sale of its businesses, potentially paving the way for a profound restructuring of the company. Two-stage sale According to information gathered...

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Business

Burberry's turnaround: Fewer staff, more brand myth – is that enough?

The British luxury fashion group Burberry, with its recent financial results, not only announced a significant reduction in jobs, but also provided insight into the progress of its recovery plan. With the reorientation that started last year, chief executive officer (CEO) Joshua Schulman wants to correct the consequences of a failed high-price...

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