UPDATE 1-Coty’s quarterly loss widens on $3 billion writedown
Coty Inc reported a wider
quarterly loss, hurt by a $3 billion writedown in value of its
consumer beauty brands, a part of the cosmetics maker’s
restructuring plan to turn around the business.
quarterly loss, hurt by a $3 billion writedown in value of its
consumer beauty brands, a part of the cosmetics maker’s
restructuring plan to turn around the business.
Posted by Reuters
