French beauty player Coty has been downgraded from a rating of Outperform to Market Perform in a move by analysts at BMO Capital Markets.
Coty demoted by analysts
French player downgraded to Market Perform
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Finance
Analysis: Can Coty turn things around with its 'Coty. Curated’ transformation strategy?
Off the back of a ‘disappointing’ Q2 report from the Kylie Cosmetics and Rimmel London owner, interim CEO Markus Strobel is implementing a new strategic framework – but can ‘Coty. Curated’ be the key to a turnaround for the beauty giant?
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Colour Cosmetics
Coty Interim CEO unveils turnaround strategy to combat ‘disappointing’ financial performance
Markus Strobel, who took over as Interim CEO in December, announced his ‘Coty. Curated’ transformation plan during the beauty giant’s recent earnings call, in which he revealed net sales declined 3% in Q2 fiscal year 2026
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