US EditionAlgerian-born French tycoon Sue Nabi makes $14 million from Coty stake
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Algerian-born French tycoon Sue Nabi makes $14 million from Coty stake
Key PointsCoty CEO Sue Nabi’s stake surged $14.66 million in nine days as shares rose 10%, signaling renewed investor confidence. Despite a 27.73% YTD drop, Coty’s stock rebound lifts market cap above $4.3 billion, driven by optimism around turnaround strategy. Coty’s $4.64 billion revenue for fiscal 2025 is down 2.4%, hit by FX volatility and weaker global demand.Sue Youcef Nabi, the Algerian-born French entrepreneur and CEO of Coty Inc., has s…
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