With 10-12% increases in core like-for-like sales growth for the first half of FY24, beauty giant Coty is celebrating the success of its prestige fragrances in key markets and is raising its outlook for the full financial year.
American beauty multinational Coty is targeting further growth for Burberry Beauty in China after recent successes in makeup and fragrance, alongside the impending launch of its first refillable perfume bottle.
The release of Gucci, The Alchemist’s Garden, Where My Heart Beats Eau de Parfum marks the world’s first global distribution of a fragrance product manufactured with 100% carbon-captured alcohol, as detailed by Coty, Inc.
International beauty major Coty has filed a patent on a method to refill empty fragrance containers in-store, using a station that blends fragrance concentrate, distilled water and ethanol on-demand.
Beauty major Coty is utilising consumer insights from Chloe’s LazMall launch to fine-tune Hugo BOSS’s debut on the South East Asian e-commerce platform.
New climate targets will see multinational beauty manufacturer Coty getting more ambitious in its efforts to reduce greenhouse gas emissions and energy usage.
The fragrance category has evolved to become an essential category for wellness as well as self-expression, according to exclusive insights from major players like Coty, along with a line-up of exciting niche labels.
American multinational Coty Inc says e-commerce will be crucial in the South East Asian market as it aims to deliver “high double-digit growth” for its portfolio of fragrance brands.
International beauty major Coty has developed a system that enables dynamic and more representative digital colour adjustments for virtual makeup try-ons, either via video stream or augmented reality (AR).
Whilst the metaverse remains an evolving space and concept, there is plenty of opportunity for beauty to use the world to engage, create and build communities, say leading beauty execs.
International beauty major Coty has started the first production run of fragrances made using carbon-captured ethanol and plans to roll out perfumes using the technology globally in the coming months.
Leading beauty company Coty has signed a multi-channel agreement with Perfect Corp. to embed a suite of best-in-class augmented reality and artificial intelligence experiences into the digital marketing toolkits of its beauty brands.
So far, the year has seen Sun Chemical acquire the Colors & Effects business from BASF, the launch of Be A 10 Cosmetics, biotech company Amyris buying and launching color brands, Coty taking Kyle Cosmetics vegan, and more. But recent headlines about...
International beauty major Coty has signed a letter of intent to partner with carbon recycling major LanzaTech to integrate sustainable, carbon-captured ethanol into its fragrance formulas.
This month the beauty maker announced two new Directors—Anna Adeola Makanju and Mariasun Aramburuzabala Larregui—as well as the departure of Paul S. Michaels.
This month KKR, the global investment company that signed a deal to buy controlling stake in Coty’s professional and retail hair business this past May, announced the new executive appointment.
D2C beauty is everything in 2020. So cosmetics, personal care, and fragrance brands of every size are investing and expanding to get in front of consumers online. And that’s just what Coty is doing with KylieSkin in 4 new markets.
Coty’s move to acquire a 20% stake in Kim Kardashian West’s beauty line KKW will enable it to leverage the power and buzz of personality-driven cosmetics – especially important in the face of ongoing COVID-19 challenges, says GlobalData.
International beauty major Coty has filed a patent on a method to personalise perfumes by blending scent additives into existing products or building customised blends using a broad-spectrum starter formulation.
US beauty major Coty has announced the European expansion of Kylie Skin a year after its launch – part of a wider plan to build out Kylie Jenner’s beauty businesses into a global powerhouse brand.
Last October, the beauty company announced plans to divest its retail hair and pro beauty business to concentrate squarely on fragrance, cosmetics, and skin care. Now, Coty has signed a deal to make those plans reality.
This past week Coty bought controlling stake in Kylie Cosmetics, The Estée Lauder Companies acquired Korea-based skin care brand Dr Jart+, and Olaplex accepted a private equity deal from Advent International. To get a sense of what these transactions...
After two and a half years of holding controlling stake in the digital-first, direct-to-consumer beauty brand, Coty announced yesterday that the two entities have arrived at a “mutual decision to terminate their partnership.”
Interested creative professionals and technology starts-ups have under one month to submit brand-specific pitches to Coty for consideration in the competition, which is an extension of the Digital Accelerator program that Coty launched last year.
The company’s net revenue is up nearly 15% for the quarter, coming in at $2,637.6m. Coty is striving to improve in-store sales and reports that e-commerce is “ahead of the market.”
Right now in Bonn, Germany, 100+ US companies, institutions, and leaders are taking part in the UN Climate talks known as COP23. Besides those mentioned already, select industry suppliers and some smaller finished goods beauty and personal care brands...
Early this month, a sold-out CEW Newsmaker Forum featured Pane in conversation with Jenny B. Fine, executive beauty editor of WWD. Over the course of the evening, Coty’s CEO discussed his business strategy for the multinational, his vision for the company’s...
Monday, Coty announced that it’s completed the acquisition of global long-term license rights to Burberry beauty. The two ventures will now collaborate on the luxury brand’s future in the cosmetics, fragrance, and personal care...
Coty’s previous CSO retired from the company earlier this summer having, as his final project, stayed on to help the Coty team integrate the P&G beauty brands. Friday, the new chief scientist starts to work.
The global beauty corporation released Q4 and full-year results this month, disclosing how Coty’s acquisitions of not only the P&G Beauty Business but also of ghd and Younique are impacting the business.
The beauty maker’s planed move to a site west of Los Angeles has been approved by both the city’s council and planning committee. And, while the decision has upset select local leaders and residents, it’s not generating nearly as much press as other recent...
Having now completed the acquisition of P&G’s specialty beauty business, which doubled the company’s annual revenue, Coty takes its place as a global leader in fragrance, color cosmetics, and professional hair care and styling.
The cosmetics, skin care, and fragrance company announced its latest financials this week, showing a decline in revenue for the year, better numbers on a quarterly basis, and optimism about integrating the beauty brands that Coty is acquiring from P&G.
The appointment won’t take effect until later this year, once the Coty P&G deal is formally closed. Fittingly, the new executive has experience integrating acquisitions in and beyond the US.
In a deal announced yesterday, the global cosmetics and beauty care company added the Cutex international business to its portfolio of brands. Coty gave up the nail brand as part of that company’s ongoing transformation.
Brazilian conglomerate Hypermarcas has reported that the first payment in the sale of a major slice of its business to Coty has helped boost its fourth quarter results.
Coty has moved one step closer to completing the acquisition of a large slice of the Procter & Gamble’s beauty brands after European Commission gave its approval for the deal under the EU Merger Regulation.
This week Coty completed its purchase of Hypermarcas S.A., a deal that gives the expanding cosmetics, fragrance, and personal care company a strong foothold in the world’s 3rd largest beauty market.
Coty pleased the financial market by revealing a strong set of fourth quarter results, beating expectations and seeing the business swing back into profit.
Coty is struggling to grow its non-core brands in a tough North American fragrance market, reporting flat revenue for the first quarter, however it is meeting expectations and interim CEO Bart Becht says it is making ‘gradual progress’.
Shares have risen in Coty since it announced its intention to acquire luxury fragrance and color cosmetics brand Bourjois from Chanel, but a Euromonitor analysts says the deal does not cover all bases.
![We round up our most-read stories on the top beauty brands, featuring news updates from Aveda, Coty, Yatsen and more. [Burberry]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/market-trends/brand-story-updates-from-aveda-coty-yatsen-and-more-top-beauty-brands/16728194-1-eng-GB/Brand-story-Updates-from-Aveda-Coty-Yatsen-and-more-top-beauty-brands.jpg)
![Coty is targeting further growth for Burberry Beauty in China after recent successes in makeup and fragrance. [Burberry Beauty]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/coty-ceo-optimistic-of-further-growth-for-burberry-beauty-in-china/16691681-1-eng-GB/Coty-CEO-optimistic-of-further-growth-for-Burberry-Beauty-in-China.jpg)
![The refill station has been designed for easy consumer use via a digital interface for blending and refilling in-store [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/headlines/packaging-design/coty-files-international-patent-on-fragrance-refill-station-for-simple-in-store-refilling/16071851-1-eng-GB/Coty-files-international-patent-on-fragrance-refill-station-for-simple-in-store-refilling.jpg)
![Coty is utilising consumer insights from Chloe’s LazMall launch to fine-tune Hugo BOSS’s debut on Lazada. [Hugo BOSS]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/how-chloe-s-lazmall-debut-influenced-coty-s-hugo-boss-launch/16010381-3-eng-GB/How-Chloe-s-LazMall-debut-influenced-Coty-s-Hugo-BOSS-launch.jpg)
![Coty has focused its future sustainability actions around key 'hotspots' in its business model [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign.com/article/2022/12/12/coty-publishes-sustainability-report-setting-science-based-targets-in-energy-use-carbon-footprint-and-packaging/16016546-1-eng-GB/Coty-publishes-sustainability-report-setting-science-based-targets-in-energy-use-carbon-footprint-and-packaging.jpg)
![Coty Inc says e-commerce will be crucial in the South East Asian market. [Coty / Chloé Fragrances]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/coty-touts-e-commerce-as-strategic-growth-pillar-for-sea-fragrance-ambitions/15518165-1-eng-GB/Coty-touts-e-commerce-as-strategic-growth-pillar-for-SEA-fragrance-ambitions.jpg)
![The technology enables users to try on more realistic colour cosmetics in an Augmented Reality (AR) setting or via video stream [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/06/09/coty-patent-on-virtual-makeup-try-on-tech-for-augmented-reality-and-video-streaming/15494939-1-eng-GB/Coty-patent-on-virtual-makeup-try-on-tech-for-Augmented-Reality-and-video-streaming.jpg)
![Beauty brands can play into the metaverse, bringing joy, better engagement, building communities and empowering consumers to become creative [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/05/19/metaverse-future-in-beauty-brings-community-and-creativity-promise-say-estee-lauder-l-oreal-and-coty/15431533-1-eng-GB/Metaverse-future-in-beauty-brings-community-and-creativity-promise-say-Estee-Lauder-L-Oreal-and-Coty.jpg)
![Production has started at Coty's manufacturing facility in Spain with perfume rollouts across its portfolio due in the coming months [Getty Images]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-europe.com/article/2022/02/01/coty-carbon-captured-fragrance-production-starts-in-spain-perfume-rollouts-due-in-coming-months/13204106-1-eng-GB/Coty-carbon-captured-fragrance-production-starts-in-Spain-perfume-rollouts-due-in-coming-months.jpg)
![Coty is aiming to more than double its sales in China. [Coty / Covergirl]](/var/wrbm_gb_food_pharma/storage/images/_aliases/news_teaser_medium/publications/cosmetics/cosmeticsdesign-asia.com/headlines/business-financial/coty-china-aiming-to-more-than-double-sales-over-the-next-three-years/13090715-1-eng-GB/Coty-China-aiming-to-more-than-double-sales-over-the-next-three-years.jpg)
