NEW YORK — Coty Inc. has capped off its long-anticipated quest to go public.
After the close of the market Wednesday, Coty priced its stock at $17.50, at the midpoint of its forecast range of $16.50 to $18.50, and will officially throw open its boardroom doors to Wall Street when trading of the shares begins today on the New York Stock Exchange. The company raised $1.15 billion by offering 57.1 million shares of Class A common stock and 8.6 million shares to the offering’s underwriters, led by Bank of America Merrill Lynch, J.P. Morgan and Morgan Stanley.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"