UPDATE 2-Amazon wins trademark case in boost for online retailers vs luxury firms [Reuters]
Coty Inc. Class A (COTY)
Last coty inc. class a earnings: 2/5 06:30 am
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Source: Reuters
Amazon wins EU court backing in trade mark dispute with Coty BRUSSELS (Reuters) - Amazon is not liable for unwittingly stocking trade mark infringing goods for third-party sellers, Europe’s top court said on Thursday, handing the U.S. online retail giant victory in its battle against cosmetics company Coty. The case, brought by Coty’s German unit, underlines the tension between luxury goods companies seeking to preserve their exclusivity and branding and online platforms such as Amazon and eBay fighting against online sales curbs. Brand names have also questioned the scope of online platforms’ responsibility for products sold, or content transmitted, on their sites. Amazon found itself in a German court after Coty said it violated its trade mark rights by stocking its Davidoff perfume for third party sellers and should be held responsible for such practices. The German court sought guidance from Europe’s top tribunal. The Luxembourg-based Court of Justice of the European Union (CJEU)
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COTY
News
- Cosmetics Market Analysis, Size, and Global Forecast Report 2023-2032 Featuring Coty, P&G, Estee Lauder, Colgate-Palmolive, Johnson & Johnson, Revlon, Beiersdorf, Kao, LVMH, and Mary Kay [Yahoo! Finance]Yahoo! Finance
- The Business Of Thinking Big – Why Managers Should Study Philosophy [Forbes]Forbes
- Coty Inc. (NYSE: COTY) had its price target lowered by analysts at Citigroup Inc. from $13.00 to $12.00. They now have a "neutral" rating on the stock.MarketBeat
- Coty Inc. (NYSE: COTY) is now covered by analysts at Canaccord Genuity Group Inc.. They set a "buy" rating and a $14.00 price target on the stock.MarketBeat
- Coty Inc. (NYSE: COTY) is now covered by analysts at Canaccord Genuity Group Inc.. They set a "buy" rating and a $14.00 price target on the stock.MarketBeat
COTY
Earnings
- 2/7/24 - Beat
COTY
Sec Filings
- 4/2/24 - Form 4
- 3/6/24 - Form 4
- 2/9/24 - Form 8-K
- COTY's page on the SEC website