×
1 189
Fashion Jobs
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
ESTÉE LAUDER
Clinique - Consultant - House of Fraser, Norwich - 30 Hours - Full Time, Permanent
Permanent · Norwich
ESTÉE LAUDER
Clinique - Consultant - Boots, Milton Keynes - 14 Hours - Part Time, Permanent
Permanent · Milton Keynes
ESTÉE LAUDER
Clinique - Consultant - Edinburgh, Boots - Fort Kinnaird - 11.5 Hours - Part Time - Permanent
Permanent · Edinburgh
ESTÉE LAUDER
Clinique - Consultant - Stockton, Boots Teeside - 22 Hours - Part Time - Permanent
Permanent · Stockton-on-Tees
ESTÉE LAUDER
Clinique - Consultant - Boots, Uxbridge - 7.5 Hours - Part Time, Permanent
Permanent · Uxbridge
ESTÉE LAUDER
Clinique - Consultant - Boots Stratford City e20 - 7.5 Hours - Permanent
Permanent · London
ICEBREAKER
Key Account Manager
Permanent · LONDON
Advertisements
Published
Nov 17, 2020
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Peter Harf bets $150 million on Coty

Published
Nov 17, 2020

Coty’s executive chairman Peter Harf is set to increase his personal stake in the company by $150 million, reaffirming his commitment to the cosmetics maker. 

Peter Harf bets $150 Million on Coty. - Facebook: Covergirl


Harf will buy shares from KKR & Co. in a show of support, according to Bloomberg. He currently owns approximately 12.3 million shares, stated a February regulatory filing, which would be worth about $59 million. 

Harf is also chairman of JAB Holding Co., the largest shareholder in Coty with about a 60 percent stake.

Earlier this month, the maker of Covergirl and Sally Hansen reported a small sales decline, following a challenging year of stagnating sales. The New York-based company has been working to reshape its business to meet rapid changes in consumer tastes amid the Covid-19 pandemic.

In June, Coty named former top executive of L’Oreal, Sue Nabi, as chief executive officer, its third CEO this year. She has been credited for the revival of Lancome, which resulted in double-digit growth in makeup and skincare, 

Following Nabi's appointment, the CEO brought on L’Oreal veteran Isabelle Bonfanti as chief commercial officer, luxury. Bonfanti previously worked in L’Oreal’s luxury division for 17 years across a variety of international general management and commercial roles, spanning fragrances, cosmetics, and skincare. 

The company also named Jean-Denis Mariani in the newly created role as chief digital officer. Mariani joined the company from LVMH-owned perfume, makeup and skincare company Guerlain, where he served as chief digital officer and as a member of the executive committee. 

While Coty has struggled to integrate the brands it acquired from Procter & Gamble in 2016, it continues to inject money into trending brands like Kim Kardashian and Kylie Jenner. 

Cory revenue for the quarter ended Sept. 30, dropped 13 percent, compared with a drop of 56 percent in the previous quarter.

Copyright © 2021 FashionNetwork.com All rights reserved.