Coty

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...

Coty results show both sales and profits sliding

Coty results show both sales and profits sliding

By Simon Pitman

Coty has revealed its fourth quarter and full year results, with the latest quarter underscoring the company’s downward trend, as sales drop 8% and earning falling by 6%.

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.

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 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.  

Coty signs joint venture with LG H&H to expand in Korea

Coty signs joint venture with LG H&H to expand in Korea

By Andrew McDougall

In what has been a busy summer for beauty firm Coty, it has teamed up with Korean cosmetics player LG Household & Health Care (LG H&H) to create Coty Korea in order to expand the presence of both companies in the Korean cosmetics market.

Spotlight

Gen Z are 'very young but conscious' - they want fun and purpose combined, says a trend expert (Getty Images) Gen Z turning beauty ‘emotional’, say trend experts Next month's show will also feature a ‘Best Technology 2020’ award for innovators in the beauty tech space (Getty Images) in-cosmetics Global spotlights beauty tech Within the context of the EC's European Green Deal, the time is now for sustainable change in luxury beauty (Getty Images) Chanel: Luxury can be sustainable – ‘we need to lead the charge’ Iconic London has been working with cross-border e-commerce specialist Global-e to develop a highly-targeted online shopping experience (Image: Iconic London) Iconic London eyes global growth: ‘If a product is Instagram-worthy, that’s the key test’ The issue of how to label allergens on cosmetic products remains ongoing - with e-labelling presented as an alternative to listing on-pack (Getty Images) Beauty labels: In-depth on 'crucial' regulations for cosmetic allergens L'Oréal's total sales for 2019 were up 10.9% on the previous year, representing an 8% rise on a like-for-like basis (Getty Images) Luxe and Active soar: L’Oréal reports ‘best sales growth of the decade’

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