Coty CEO: When your brand is cool, people will buy, whatever the price
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One of the prestige brands under French beauty group Coty, Gucci Beauty recently opened its first standalone boutique in Singapore.
PHOTO: COTY INC
SINGAPORE – For years, Coty Inc struggled under the weight of its many debt-laden acquisitions. But under the helm of a formidable new chief executive, the French-founded beauty conglomerate looks set to make a comeback.
In town in October for a beauty conference and the star-studded opening of the new Gucci Beauty boutique in Ion Orchard, Ms Sue Youcef Nabi – a respected figure in the beauty industry and the former president of rival beauty brand L’Oreal Paris – tells The Straits Times that the group lost its way a few years ago.
