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Coty to return Gucci Beauty license to Kering early in $400 million deal

Coty to return Gucci Beauty license to Kering early in $400 million deal

ANDREW KELLY Tue, July 7, 2026 at 8:35 PM UTC

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July 7 (Reuters) - Coty said on Tuesday, it has agreed to transition the Gucci Beauty license back to Kering about a year before the original license term ends for about $400 million.

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(Reporting by Sanskriti Shekhar in Bengaluru ; Editing by Tasim Zahid)

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Source: “AOL Money”

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