Coty Shareholders Said to Raise $1 Billion Pricing IPO Mid-Range

Source: Coty Fragrances

NEW YORK, United States — Coty Inc., maker of perfumes endorsed by Beyonce and Heidi Klum, raised about $1 billion on behalf of existing holders in an initial public offering, pricing the shares at the midpoint of the proposed range, according to a person familiar with the matter.

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Coty for Sale at 25 Percent Discount in IPO as Reimanns Cinch Control

Source: Calvin Klein

NEW YORK, United States — Coty Inc., maker of perfumes endorsed by Beyonce and Heidi Klum, is for sale at a 25 percent discount to rivals in its initial public offering, a valuation that may lure investors unfazed by the billionaire Reimann family’s controlling stake.

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Coty IPO Set to Draw Investors Despite Blemishes

Source: Bottega Veneta

NEW YORK, United States — After 109 years of selling beauty products, Coty Inc is ready for its close-up, blemishes and all. The maker of Stetson cologne, OPI nail polish and Sally Hansen lip balm, is set to go public Wednesday on the New York Stock Exchange, with shares to trade on Thursday.

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Burberry sends shiver, Kick of energy, Coty postpones IPO, Holiday turbulence, Carine Roitfeld

Burberry Autumn/Winter 2012 | Source: Burberry

Burberry warning sends shiver through luxury sector (Reuters) “British fashion brand Burberry issued a profit warning on Tuesday, the clearest sign yet that slowing economic growth in China and Europe’s debt crisis are bringing a boom in demand for luxury clothes and accessories to a halt.” A Leap in Volume and Length (NY Times) “The spring collections got a kick of energy as other designers also showed

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Reorganising for growth, Cucinelli IPO, Digital retail tools, Reimanns unmasked, Pinvolve

Givenchy store Paris | Source: Paris.com

Luxury Goods Oust Executives With Global Economy in Flux (Business Week) “Luxury-goods makers are spring cleaning their boardrooms and ateliers. At least 14 new presidents, chief executive officers, chief financial officers and creative directors started at European companies, including Mulberry Group Plc and PPR SA in the first quarter alone.” Cashmere house Cucinelli IPO approved by Milan bourse (Reuters)

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