- Coty Inc (NYSE:COTY) has renewed its license agreement with Jil Sander fashion house and agreed to proceed with a long-running partnership between the two companies. The financial terms were not disclosed.
- The license agreement renewal will strengthen the existing business partnership and pave the way for a new 10-year strategic project.
- The new project will see Jil Sander brand stepping into the global ultra-premium fragrances’ segment for the first time ever.
- “Our shared ambition of accelerating the brand’s momentum will guide the latest chapter of our partnership, as we pursue further growth of the fragrance line,” said CEO Sue Y. Nabi.
- Price Action: COTY shares are trading higher by 0.16% at $9.31 on the last check Thursday.
- Photo Via Company
Henry Schein Announced $400M Increase to Share Repurchase Plan
Henry Schein, Inc. (Nasdaq: HSIC), the world's largest provider of health care products and services to office-based dental and medical practitioners, announced today that its Board of Directors has authorized the repurchase of up to $400 million of shares of the Company's common stock.
