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.
Revenue fell to $4.64 billion, a 2.4% decline from the previous year, driven by currency challenges and a tough market environment.
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.
The recent decline has pushed the market value of her stake below $180 million.
The recent increase highlights renewed investor confidence in Coty’s strategic direction under her leadership.
Despite 2024 setbacks, the beauty sector offers long-term growth potential, with Nabi's leadership crucial for Coty’s recovery.
The modest increase in revenue came despite a 1 percent foreign exchange impact and the divestiture of the Lacoste license.
This follows a prior loss of $48.44 million from Sept. 27 to Oct. 17, when her stake declined from $303.06 million to $254.62 million.
Algerian-born executive Sue Nabi's net worth takes a hit as her stake in Coty slumps below $255 million.
Algerian-born executive Sue Nabi's net worth takes a hit as her stake in the beauty giant plummets below $300 million.
Despite this setback, Sue Nabi remains a pivotal figure in the beauty industry.