CoverGirl Is Getting a New Owner
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P&G announced last year that it would exit “40 lagging beauty brands,” which fall under the P&G Specialty Beauty Brands umbrella. Perhaps best know for being the house of Calvin Klein, Chloe, Marc Jacobs and other licensed fragrances, as well as Philosophy, OPI, Rimmel London and Sally Hansen, Coty will now more than double in size with the spinoff.
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