Coty Inc. is exploring a dual listing in Paris and New York and has also extended its longterm partnership with CEO Sue Nabi.
, and the industry still holds a special attraction for investors there,” Peter Harf, Coty’s chairman, commented. “The board’s interest in exploring a potential listing on the Paris Stock Exchange has been made possible thanks to the progress Coty has made under Sue’s leadership.”
Also in her sights has been China, where Coty has noted the success of Gucci beauty, Burberry beauty and Lancaster. “We have seen consistent growth over the last 10 quarters, in line with or ahead of market expectations, underpinned by targeted investment, disciplined cost controls and a clear debt reduction program,” Harf added.
Regarding her renewed compensation agreement, Coty said it “includes a significant portion of performance-related shares alongside a performance-related bonus, further aligning all stakeholders’ interest.”
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