Coty Inc Buying Avon Apr 2026

: Avon was acquired by the Brazilian beauty group Natura &Co in 2020 and remains a subsidiary within their portfolio. Coty withdraws $10.7 bln offer to buy Avon | Reuters

Current developments for both companies as of April 2026 include: coty inc buying avon

: Coty is currently undergoing a major "Coty. Curated" strategic reset under interim CEO Markus Strobel, who took over in early 2026 following the abrupt departure of Sue Nabi. The company has withdrawn its 2026 financial guidance due to underperformance in its Consumer Beauty segment and is focusing on core icons like Burberry and Marc Jacobs . : Avon was acquired by the Brazilian beauty

: Coty is currently facing several securities class action lawsuits from investors alleging the company misled the market about its 2026 business trends. coty inc buying avon