Coty considers sale or spinoff of CoverGirl, WSJ reports

Core Viewpoint - Cosmetics-maker Coty is conducting a strategic review of CoverGirl and its other mass-market beauty brands, considering options such as selling or spinning them off [1] Group 1: Company Strategy - Coty is evaluating its mass-market beauty brands, including CoverGirl, to determine the best strategic direction [1] - The review may lead to significant changes in the company's portfolio, potentially impacting its market position [1] Group 2: Market Implications - The potential sale or spin-off of CoverGirl could reshape the competitive landscape in the mass-market beauty segment [1] - Investors and stakeholders will be closely monitoring the outcomes of this strategic review for future investment opportunities [1]