PARIS (Reuters) – Coty said on Thursday there will be no discussion of a Gucci licence deal in the next five years.
“There will be no discussion on the renewal of any of our licences before at least 5 years,” Coty CEO Sue Naby told journalists in response to a question about whether Kering could take back a licence for beauty products for its fashion label Gucci.
(Reporting by Mimosa Spencer; writing by Dominique Vidalon; editing by Jason Neely)
