Coty (COTY) Is Up 10.7% After Handing Back Gucci Beauty License To Kering For US$400 Million – simplywall.st

Coty (COTY) Stock Surge

Coty has seen a 10.7% increase in its stock value following the return of the Gucci Beauty license to Kering for a substantial sum of US$400 million.

simplywall.st reports this news.