Well, they said it was coming. You know those teasers Coty CEO Bernd Beetz kept dropping last week about plans for a purchasing trifecta before year end? He came through, and yesterday announced the acquisition of a majority stake in Tjoy, the Chinese skincare company, thus completing the third leg of a Philosophy-OPI trinity. Read more
© The Financial Times Ltd 2016 FT and 'Financial Times' are trademarks of The Financial Times Ltd.