Coty is one of the largest beauty companies in the world with sales of over $8 billion.

Coty acquired 41 beauty brands from Procter & Gamble in 2016, becoming the world's number one fragrance company.

The JAB fund is Coty's largest shareholder, with a 60% stake.

Professor Jacquet examines the radical transformations in its business scope over the past 5 years and the impact on its financial operations.