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Coty and Younique Call It Quits

Beauty giant to sell back its 60% share to company founders.

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By: Christine Esposito

Editor-in-Chief

Coty and Younique today announced a mutual decision to terminate their partnership.  Coty Inc. acquired 60% of the fast-growing beauty brand in 2017 for approximately $600 million in cash. According to a statement released from Coty, given the different nature of the companies’ business models and the need for a strong and specific focus to successfully improve fundamentals, Coty and Younique have agreed to part and focus on their respective strengths.  Coty will sell its controlling st...

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