UPDATE 3-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%.
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%.
Posted by Reuters
