Coty Nabs Brazilian Beauty Biz, Unveils Pending Leadership Reorg

Heavyweight contender Coty continues to beef up, announcing deals to acquire Hypermarcas SA's Brazilian beauty business, including significant go-to-market infrastructure, and digital marketing firm Beamly. Slated to wrap up its merger with more than 40 P&G beauty brands next year, the firm also unfurls its pending leadership and organizational structure, which includes a new department, Growth and Digital.