{"id":51569,"date":"2023-08-22T10:54:31","date_gmt":"2023-08-22T14:54:31","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/cotys-marc-jacobs-licensing-extended-to-beauty-products-stock-gains-after-hours\/"},"modified":"2023-08-22T10:54:33","modified_gmt":"2023-08-22T14:54:33","slug":"cotys-marc-jacobs-licensing-extended-to-beauty-products-stock-gains-after-hours","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=51569","title":{"rendered":"Coty\u2019s Marc Jacobs licensing extended to beauty products; stock gains after hours"},"content":{"rendered":"
\n

Shares of Coty Inc.
\n COTY,
\n -2.05%<\/bg-quote>
\n rose 1% in the aftermarket Monday after the beauty company said its licensing deal with Marc Jacobs will expand to include beauty products in addition to Coty\u2019s long-held license for Marc Jacobs fragrances. The agreement also was extended for 15 years. \u201cThe expansion and extension of our longstanding agreement with the house of Marc Jacobs, now in its 20th\u00a0year, is a testament to the enduring success of our partnership and the brand\u2019s limitless potential,\u201d Coty\u2019s Chief Executive Sue Nabi said in a statement. \u201cThis agreement reinforces Coty\u2019s position as a go-to partner for global fashion houses and brands that share our ambition of creating leading beauty portfolios.\u201d Coty stock ended the regular trading day down 2.8%. <\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Shares of Coty Inc. COTY, -2.05% rose 1% in the aftermarket Monday after the beauty company said its licensing deal with Marc Jacobs will expand to include beauty products in addition to Coty\u2019s long-held license for Marc Jacobs fragrances. The agreement also was extended for 15 years. \u201cThe expansion and extension of our longstanding agreement […]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-51569","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nCoty\u2019s Marc Jacobs licensing extended to beauty products; stock gains after hours | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Shares of Coty Inc. COTY, -2.05% rose 1% in the aftermarket Monday after the beauty company said its licensing deal with Marc Jacobs will expand to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=51569\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Coty\u2019s Marc Jacobs licensing extended to beauty products; stock gains after hours | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Shares of Coty Inc. 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