Algerian-born French beauty mogul Sue Nabi loses $38 million from Coty stake
Coty shares fall 23%, cutting Sue Nabi’s stake by $38 million as the beauty company faces weaker sales and investor caution.
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Coty shares fall 23%, cutting Sue Nabi’s stake by $38 million as the beauty company faces weaker sales and investor caution.
Coty, led by Algerian-born executive Sue Nabi, posted a $381 million loss in 2025 as weak demand and currency pressures hit sales of fragrances and cosmetics.
Coty CEO Sue Nabi’s stake rose to nearly $160 million after a nearly 9% stock increase, signaling growing investor confidence in the beauty giant’s direction.
Algerian-born French executive benefits from 10% rally in Coty shares, as stock momentum lifts wealth despite year-to-date losses.
This is linked to the recent decline in Coty’s share price on the New York Stock Exchange.
This follows a sharp drop between Jan. 27 and Feb. 19, when her stake fell by $64.05 million, from $242.51 million to $178.46 million.