THE WHAT? UK-based cosmetics group Revolution Magnificence has scrapped its sale course of and reinstated co-founder Tom Allsworth as CEO, with fellow co-founder Adam Minto returning in a consultancy position, because the struggling firm seeks to reset technique and restore development. THE DETAILS The management shake-up comes after years of accounting probes, administration turbulence, and […]
Coty, Inc. isn’t any stranger to reinvention. As one of many world’s largest magnificence firms, it has weathered acquisitions, divestitures, management modifications, and shifting shopper preferences. However in 2025, their subsequent transformation feels extra pressing and extra unsure. The corporate lately introduced the elimination of 700 positions as a part of its “All-In to Win” […]
THE WHAT? Michael Burry’s Scion Asset Administration has doubled its stake in Estée Lauder Corporations, rising its holding to 200,000 shares valued at roughly US$13.2 million. THE DETAILS The elevated funding was disclosed in a latest regulatory submitting and comes as Estée Lauder’s new CEO, Stéphane de La Faverie, implements modifications geared toward reversing sluggish […]
