On Tuesday, Coty Inc. $COTY, the parent company of beauty brands such as CoverGirl, lowered its profit forecast for the fiscal year 2025. This adjustment, attributed to macroeconomic challenges and ongoing tariff uncertainties, has had a noticeable effect on the company’s stock price, which dropped by approximately 3% in after-hours trading. Additionally, Coty announced that it would delay its upcoming investor day by several months, further highlighting the company's cautious approach amidst these unpredictable economic conditions.

In the world of business, particularly in fashion and beauty, change is a constant theme. This time, the spotlight is on Coty Inc., which recently announced the termination of its partnership with Kim Kardashian’s beauty brand, SKKN by Kim. This article explores the details of this move, the reasons behind it, and the potential ramifications for both parties.