Coty Inc. still sees a future with Avon Products Inc.
Coty chairman Bart Becht is scheduled to speak to Avon investors on Monday, during a call hosted by Sanford C. Bernstein & Co. analyst Ali Dibadj. The call remains on the calendar, said a Coty spokesman on Tuesday, despite being scheduled prior to Avon on Monday naming former Johnson & Johnson pharmaceutical executive Sherilyn S. “Sheri” McCoy as its chief executive officer, effective April 23. McCoy, who will report to the board, takes the reins from Avon’s embattled chief Andrea Jung, who will assume the role of executive chairman.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)