Coty

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Coty’s Prestige Business boom drives FY24 outlook

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.

Innovations in Color Cosmetics: 2021 makeup more sustainable

Innovations in Color Cosmetics: 2021 made makeup more sustainable

By Deanna Utroske

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...

Coty – KKR deal is final

Coty – KKR deal is final

By Deanna Utroske

This week the beauty maker completed sale of its Wella business to global investment firm KKR.

Annie Young-Scrivner to join Wella as CEO

Annie Young-Scrivner to join Wella as CEO

By Deanna Utroske

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.

Coty takes KylieSkin ecommerce overseas

Coty takes KylieSkin ecommerce overseas

By Deanna Utroske

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.

M&A activity hints at new realities in the beauty sector

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M&A activity hints at new realities in the beauty sector

By Deanna Utroske

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...

At Coty, Camillo Pane is building the beauty company of the future

At Coty, Camillo Pane is building the beauty company of the future

By Deanna Utroske

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...

Coty announces next chief scientific officer

Coty announces next chief scientific officer

By Deanna Utroske

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.

Coty facility coming to Calabasas, California

Coty facility coming to Calabasas, California

By Deanna Utroske

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...

As of today, Coty is the world’s third-largest beauty company

As of today, Coty is the world’s third-largest beauty company

By Deanna Utroske

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.

Coty Q4 and year-end results

Coty Q4 and year-end results

By Deanna Utroske

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.

Coty names Camillo Pane CEO

Coty names a new CEO

By Deanna Utroske

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.  

Revlon acquires nail polish remover brand Cutex from Coty

Revlon acquires nail polish brand Cutex

By Deanna Utroske

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.