This website uses cookies to improve your experience. Continue if you are OK with this or find out more in our Privacy Policy.

Coty to buy Bourjois from Chanel

December 19th 2014 / Ayesha Muttucumaru Google+ Ayesha Muttucumaru / 0 comment


The beauty brand powerhouse expands its portfolio with latest acquisition

“In a move to strengthen its foothold in masstige colour cosmetics, Coty Inc., which went public in June 2013, agreed to acquire Bourjois Paris from Chanel for 15 million shares, worth $238 million.

“’The anticipated addition of Bourjois not only strengthens our global colour position; it materially increases our critical mass in France, Bourjois’ main market,’ said Coty chairman and interim chief executive officer Bart Becht. ‘We are equally looking forward to having Chanel, a powerhouse in fashion and cosmetics, as a key shareholder in our company.’”

Read more at WWD.


Join the conversation

Who's Recruiting

  • Noble Isle
  • Lumity Life
  • Soil Association
  • Capsule Communications
  • BRANDstand Communications
  • The Beam Room
  • Macacha
  • Percy & Reed
  • Taylor's 32
  • Kendrick PR
  • Psycle
  • NBPR
  • Elemis
  • Lululemon Athletica
  • Soupologie
  • Jo Malone
  • InParlour
  • Bouclème
  • Kilpatrick PR
  • Aurelia Probiotic Skincare
  • Anne Semonin
  • Equilibrium
  • Get The Gloss
Agile web development by Byte9