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Coty is getting a big makeover

Monday, July 01, 2019 - 00:53

Coty is writing down $3 billion on the beauty brands it bought from Procter & Gamble and restructuring its business. As Fred Katayama reports, investors gave the turnaround plan the thumbs down, sending its shares south.

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Coty is writing down $3 billion on the beauty brands it bought from Procter & Gamble and restructuring its business. As Fred Katayama reports, investors gave the turnaround plan the thumbs down, sending its shares south.

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Coty is getting a big makeover

Monday, July 01, 2019 - 00:53