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Coty is continuing its prioritisation of prestige with an investment in Orveda, a skin care label known for its vegan, genderless offering and microbiome and prebiotics focus. The brand was co-founded by Coty chief executive Sue Nabi and friend Nicolas Vu in 2014, but Nabi had sold her stake in Orveda in 2020 before joining Coty, leaving Vu as sole owner. Vu will continue to lead the company as chief executive. Miami-dade Police Car Ugly Christmas Sweater. “This brand really fills a void that we had on the high end procedure side of the market … It’s a part of the market that is booming right now,” said Constantin Sklavenitis, Coty’s chief of prestige brands. “For us, it’s important to be there because it means you have consumers that want these kinds of products.”

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