Coty welcomed longtime consumer goods executive Elio Leoni Sceti as chief executive officer. Bart Becht, Coty’s current interim CEO and chairman, will remain chairman following the transition.
Leoni Sceti brings a proven track recor… Read More »
The actress and model will make her debut in September.
Hemingway made a catwalk appearance at the last Chloe runway in March 2015 in Paris.
“She completely embodies the Chloe girl’s spirit and attitude. Her radiant beauty and personali… Read More »
FRANCE: Coty Inc. has completed its acquisition of the Bourjois cosmetics brand from Chanel for approximately 15.43 million shares of Coty’s Class A Common Stock.
Bourjois—which has a portfolio of color cosmetic products that are sold th… Read More »
Fragrance is one of the few European beauty markets where premium brands dominate, accounting for approximately 70% of sales; premium fragrances are regarded by many to be aspirational, yet affordable. Even during the economic downturn, consumers pre… Read More »
Coty Inc.’s net revenues fell 5% to $1.3 billion for the second quarter of fiscal 2015. For the first six months, ended Dec. 31, 2014, net sales decreased 2% to $2.4 billion.
Commenting on the company’s performance, chairman and interim… Read More »
Coty Inc. posted financial results for the first quarter of fiscal year 2015, ended Sept. 30, 2014. Net revenues increased 1% to $1.2 billion. According to chairman and interim CEO Bart Becht, it was a quarter of good strategic progress but mixed fin… Read More »
Coty Inc. lifted the curtain on its revamped company’s website, Coty.com. It features a fresh and modern design and is an entirely new, best-in-class, editorially-driven website, according to the company.… Read More »
Coty Inc.: announced that CEO Michele Scannavini has stepped down from his role at the company for personal reasons and resigned from Coty’s board of directors. Coty’s chairman Bart Becht will become interim CEO, working with Coty&rs… Read More »
Two international beauty giants may come together in the realm of color cosmetics. Coty has submitted a binding offer to acquire the Bourjois cosmetics brand from Chanel for 15 million Class A Coty shares. According… Read More »
Coty Inc. is implementing a new organizational structure that it contends aims to reinforce the company’s growth path and strengthen its position as a global leader in beauty. The firm said it is moving from two stand-alone divisions, Coty Pres… Read More »
Philosophy has rolled out the Hope & Grace initiative, an “unprecedented, unending commitment” to support mental health by dedicating 1% of all sales across all products to effective community-based organizations working to empower wo… Read More »
FRANCE: Coty Prestige hosted a cocktail party on the rooftop of l’Institut du Monde Arabe to present the new Chloé Love Story fragrance to 400 guests, including international press, VIPs and influencers. Jean Mortier, president of Coty P… Read More »
Sales: $3.3 billion
Key Personnel: Suk Cha, vice chairman and chief executive officer; Keon O Kim, chief financial officer.
Major Products: Household—laundry and dishwashing detergents, fabric softener and kitchen c… Read More »
New York, NY
Sales: $4.6 billion. Net income: $201 million, for the year ended June 30, 2013.
Key Personnel: Michele Scannavini, chief executive officer; Sérgio Pedreiro, chief financial officer; Ralph Macchi… Read More »
New York, NY
Sales: $7.2 billion for cosmetics, fragrances and toiletries. Corporate sales: $9.9 billion. Net loss: $56 million.
Key Personnel: Sheri McCoy, chief executive officer; Kimberly A. Ross, executive vice… Read More »
SINGAPORE: Summit Events is hosting the inaugural Sun Protection & Anti-aging Skin Care Conference Asia, July 9-10 at the Hilton Hotel in Singapore. Expert speakers come from various professions, including scientists, regulators, sun protection s… Read More »
CHINA: Coty and Li & Fung have entered into an agreement in which Li & Fung will distribute some of Coty’s power brands in China, including Adidas, Rimmel and Playboy. The agreement is effective July 1.
This agreement represents a shif… Read More »
Yes, there’s the rainforest and biodiversity, but the country is about so much more, as cosmetic chemists found out at the recent symposium developed by the New York Chapter of the Society of Cosmetic Chemists. Read More »