Breaking News

Coty Acquires OPI's UK Distributor

January 7, 2014

Addition of Lena White expected to strengthen brand.

In a move expected to strengthen the OPI brand in the United Kingdom, Coty Inc. has acquired Lena White Ltd., the largest international distributor of OPI, one of Coty's power brands. For the past 30 years, Lena White Ltd. has served as OPI's distributor in the UK for the professional and retail beauty channels.

According to Coty, this acquisition will lead the development of the OPI brand in the UK, its second-largest market, providing the necessary resources to accelerate development in both retail and professional channels, where Coty will continue to leverage Lena White's strong management expertise.

"This acquisition is an important step in strengthening OPI's position in Europe," said Michele Scannavini, CEO of Coty Inc. "The OPI strategy remains focused on the salon professional and prestige channels, and we expect to accelerate its growth in the international markets by leveraging our investments in both areas. We welcome the Lena White team to the Coty family, and we look forward to integrating their unique expertise in our UK business."

"We are all excited about the next phase of opportunity for Lena White Ltd. and OPI," said Lena White. "Our management team will continue in this new structure and we look forward to embracing the 'Faster. Further. Freer.' culture of Coty."

 

Related End-User Markets:

  • Fit for Fitness

    Fit for Fitness

    Christine Esposito, Associate Editor||February 21, 2017
    Kinx Active is a new brand targeting women who want beauty products that can stand up to their fitness routines.

  • Cargo Says Aloha To Spring/Summer

    Cargo Says Aloha To Spring/Summer

    Christine Esposito, Associate Editor||February 13, 2017
    Cargo Cosmetics has rolled out its new Spring/Summer collection with Hawiianan singer Anuhea.

  • Catch These Rising Stars of Beauty

    Catch These Rising Stars of Beauty

    Nancy Jeffries, Contributing Editor||February 6, 2017
    Who won what at Fashion Group International's Rising Star awards show

  • What the Halal  Is Going On?

    What the Halal Is Going On?

    Imogen Matthews , In-Cosmetics||February 2, 2017
    Demand for these beauty products is surging thanks to a fastgrowing Muslim population.

  • Linked In

    Linked In

    Christine Esposito , Associate Editor||February 1, 2017
    Through virtual reality, apps and connected devices, beauty and personal care brands can strengthen their customer relations

  • On the Edge

    On the Edge

    January 6, 2017
    Expanding beauty brands to watch in 2017