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Coty recovers from £50m loss amid potential Max Factor sale
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Coty recovers from £50m loss amid potential Max Factor sale
The UK and Ireland arm of Coty has recovered from losing more than £50m as it considers selling off the likes of Rimmel and Max Factor. The New York-listed giant announced at the end of September that it was weighing its options for its consumer beauty division. While a formal decision has not yet been announced, it is possible that Coty could sell Rimmel and Max Factor as well as CoverGirl and Sally Hansen. The division generates around £900m i…
·London, United Kingdom
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