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.  

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