Coty agrees to transition Gucci Beauty license to Kering for $400 million

Coty Inc. Class A

Coty Inc. Class A

COTY

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  • Coty agreed to transition the Gucci Beauty license back to Kering for about $400 million.
  • Coty will keep operating Gucci Beauty through at least June 30, 2027, ending the license about one year early.
  • Deal terms include $250 million cash at signing, with a further $150 million due by Sept. 30, 2027; up to $30 million is contingent.
  • Proceeds earmarked for debt reduction, investment in core prestige fragrance and beauty brands, and organizational optimization.
  • Parties also agreed to resolve all pending litigation tied to the Gucci Beauty license.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Coty Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260707608277) on July 07, 2026, and is solely responsible for the information contained therein.