Coty sees revenue improving as turnaround plan takes shape; shares rise

August 28, 2019 admin Business News Comments Off on Coty sees revenue improving as turnaround plan takes shape; shares rise

Cosmetics maker Coty Inc raised its annual revenue forecast on Wednesday, as it embarks on a multi-year turnaround plan that involves cost cuts and increased investment in advertising, sending shares up 5%.

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Source:: Reuters – Business News