×
1 223
Fashion Jobs
ESTÉE LAUDER
Clinique - Consultant - Boots Donegall, Belfast - 15 Hours - Permanent
Permanent · Belfast
ESTÉE LAUDER
Clinique - Consultant - Boots Sedley Place, London - 10 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Stratford, London - 10 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots Durham - 6 Hours - Permanent
Permanent · Durham
ESTÉE LAUDER
Clinique - Consultant - Boots Londonderry - 11 Hours - Permanent
Permanent · Londonderry
ESTÉE LAUDER
Clinique - Consultant - Boots Kensington, London - 22.5 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots Donegall, Belfast - 10 Hours - Permanent
Permanent · Belfast
LAIDBACK LONDON
Digital Marketing Manager
Permanent · HARROW
MARSHALLS
70118-lp Detective
Permanent · Banning
ESTÉE LAUDER
Clinique - Consultant - Boots, Watford - 22.5 Hours - Part Time, Permanent
Permanent · Watford
ESTÉE LAUDER
Tom Ford Beauty - Digital Marketing Executive
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - John Lewis Edinburgh - 6 Hours - Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Boots st Albans- 22.5 Hours - Permanent
Permanent · St Albans
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Oxford Street London - 15 Hours - Permanent
Permanent · London
ESTÉE LAUDER
Tom Ford - Business Manager - Fenwick - Bracknell - 37.5 Hours - Full-Time, Permanent
Permanent · Bracknell
ESTÉE LAUDER
Clinique - Consultant - John Lewis, High Wycombe - 16 Hours - Part Time, Permanent
Permanent · High Wycombe
ESTÉE LAUDER
Clinique - Consultant - Moores, Coleraine - 12 Hours - Part Time, Permanent
Permanent · Coleraine
ESTÉE LAUDER
Clinique - Consultant - Boots, Barnstaple - 7.5 Hours - Part-Time, Permanent
Permanent · Barnstaple
ESTÉE LAUDER
Clinique - Consultant - Boots, Sedley Place - 37.5 Hours - Full Time, Permanent
Permanent · London
NIKE
HR Operations Consultant, London
Permanent · London
ESTÉE LAUDER
Clinique - Consultant - Boots - Cribbs Causeway, Bristol - 7.5 Hours - Part-Time - Permanent
Permanent · Bristol
ESTÉE LAUDER
Clinique - Consultant - Boots Kingston - 15 Hours - Permanent
Permanent · Kingston upon Thames
Advertisements
Translated by
Robin Driver
Published
Feb 21, 2020
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Candidates line up to purchase Coty's professional beauty division

Translated by
Robin Driver
Published
Feb 21, 2020

Last October, American cosmetics giant Coty announced that it was planning to sell its professional beauty division, which includes its haircare and nail brands, such as Wella, OPI and Sally Hansen, in order to reduce its debt and simplify its structure. The move is intended to "deleverage our balance sheet, and improve our ability to invest in areas with the greatest growth potential," explained Coty CEO Pierre Laubies at the time. 



Plans for the sale of Coty's professional beauty division were first announced in October of last year


According to Bloomberg, the possibility of a sale now looks increasingly likely, as a number of investment funds are already preparing their takeover offers. Advent International, whose investments include Lululemon and Gérard Darel, has reportedly shown interest, as has Bain Capital – with investments in Canada Goose and Maesa – and Cinven.

And they aren't the only interested parties: Henkel, Clayton Dubilier & Rice and Unilever, which is currently in the process of reviewing its own beauty division, are also apparently working on offers. Bloomberg states that the transaction could be worth up to $8 billion.

In the second quarter ended December 31, 2019, the American cosmetics company reported revenues of $2.5 billion, down 6.6% from the prior-year period.

Although Coty managed to narrow its losses in the first half of the fiscal year, the group, whose beauty brand portfolio includes the likes of Burberry, Gucci, Tiffany and Hugo Boss, is still struggling to integrate the 43 cosmetics labels that it acquired from Procter & Gamble for $12.5 billion in 2015. 

Copyright © 2021 FashionNetwork.com All rights reserved.