COTY INC. TO PURCHASE ESTABLISHED SOUTHEAST ASIAN DISTRIBUTOR
May 22, 2013Global Beauty Company Confirms Acquisition of StarAsia
NEW YORK, May 22, 2013 — Coty Inc., an emerging leader in global beauty, is pleased to announce its agreement to acquire StarAsia, an established distributor of beauty products in the markets of Southeast Asia (Cambodia, Hong Kong, Indonesia, Malaysia, Singapore, Taiwan and Vietnam) from its current parent, Isibane Pte. Ltd. The transaction is expected to close in July 2013.
“The acquisition of StarAsia will provide us with an established distribution platform to sell our mass brands in key developing markets in the Southeast Asia region,” said Mr. Michele Scannavini, CEO of Coty Inc. “We look forward to welcoming the StarAsia organization into the Coty family, and I am confident that the talented team there will fit in very well at Coty.”
Following the completion of the acquisition, the existing management team of StarAsia will continue to contribute towards the development of Coty`s business in the region.
“StarAsia has succeeded in building a leading regional platform, with operations in seven countries in Asia and a strong track record of growth,” said Mr. Noe Saglio, CEO of StarAsia. “We are delighted to become part of the Coty family, having been a business partner for more than 10 years. Our multicultural organization combines international experience with local know-how, and we look forward to building on our leading market position under Coty’s ownership.”
For complete information on all of Coty’s brands, please visit www.coty.com.
About Coty Inc.
Coty is an emerging leader in global beauty with net revenues of $4.6 billion for the fiscal year ended June 30, 2012. Founded in Paris in 1904, Coty is a pure play beauty company with a portfolio of well-known fragrances, color cosmetics and skin & body care products sold in over 130 countries and territories. Coty’s product offerings include such global brands as adidas, Calvin Klein, Chloé, Davidoff, Marc Jacobs, OPI, philosophy, Playboy, Rimmel and Sally Hansen.
For additional information about Coty Inc., please visit www.coty.com
About StarAsia
Founded in 2001 by Frederic Cassin, StarAsia Group is a leading regional independent distributor of Beauty Personal Care FMCG brands in Fragrances & Toiletries and Cosmetics & Skincare. The Group is present in seven Asian markets and reaches consumers over 30,000 doors across Asia. StarAsia principals include Coty, P&G, L’Oreal, Clio and Marc Anthony.
# # #
Contact:
Cysette Burset
p. + 1 212.479.4549
cysette_burset@cotyinc.com
Christopher Franck
p. +65 6745 2600
christopherfranck@starasia.com.sg
COTY INC. AND FRAJO ANNOUNCE A NEW JOINT VENTURE IN BRAZIL
May 22, 2013NEW YORK, May 22, 2013 — Coty Inc., an emerging leader in global beauty, is pleased to announce that it will form a joint venture in Brazil with Frajo Internacional, a leading Brazilian cosmetics distributor. The new venture will distribute and market Coty mass/masstige brands in the retail channel.
“Brazil is one of the largest markets in the beauty industry,” said Mr. Michele Scannavini, CEO of Coty Inc. “Frajo is the right partner, sharing our passion for beauty. Together, we look forward to introducing new Coty brands into this key market.”
“Joining forces with Coty and benefiting from their expertise is an important step in strengthening Frajo’s position as a leading cosmetic distributor in Brazil,” said Frank Lund, Frajo’s founder and CEO. “Coty’s unique portfolio of brands will provide our customers with more choice.”
This deal will expand Coty’s go-to-market capabilities in the region. Currently, Coty has an existing commercial partnership in Brazil to distribute certain brands through a door-to-door distribution model. The company also has a distributor representing its Prestige products in the region.
For complete information on all of Coty’s brands, please visit www.coty.com.
About Coty Inc.
Coty is an emerging leader in global beauty with net revenues of $4.6 billion for the fiscal year ended June 30, 2012. Founded in Paris in 1904, Coty is a pure play beauty company with a portfolio of well-known fragrances, color cosmetics and skin & body care products sold in over 130 countries and territories. Coty’s product offerings include such global brands as adidas, Calvin Klein, Chloé, Davidoff, Marc Jacobs, OPI, philosophy, Playboy, Rimmel and Sally Hansen.
For additional information about Coty Inc., please visit www.coty.com
About Frajo
Frajo is a leading cosmetics distributor in Brazil, representing with exclusivity brands such as Revlon (leading brand in Pharmacies), Ferrari (#1 male Fragrance in Brazil), Australian Gold and Artdeco. Founded in Campinas in 1995, Frajo currently holds over 20 brands in its portfolio and has a comprehensive sales network reaching over 8,500 points of sales in Brazil.
For additional information about Frajo, please visit www.frajo.com.br
# # #
Contact:
Cysette Burset
p. 212.479.4549
cysette_burset@cotyinc.com
Sandra Tacla | Camila Hirano | Desirée Molina
Tacla Consultoria de Comunicação
Tel.: 55 (11) 3842-4235
sandratacla@tacla.net
COTY INC. WINS 2013 MANUFACTURING LEADERSHIP 100 GLOBAL VALUE CHAIN AWARD
May 16, 2013The “Coty Supply Chain Defining Moment” Project Helped Transform Its Global Supply Network
NEW YORK, May 16, 2013 — Coty Inc., an emerging leader in beauty, has been honored with the 2013 Manufacturing Leadership 100 (ML100) Global Value Chain Award for its “Coty Supply Chain Defining Moment” initiative. The innovative project transformed the company’s supply chain, allowing it to achieve operational excellence.
In the highly competitive beauty industry, Coty has made its mark with a company culture that emphasizes innovation and entrepreneurship. At Coty, the focus on constant improvement extends to all aspects of its business, including supply chain, an area that isn’t often associated with innovation. The company embarked on an improvement program in 2009 that aimed to raise the quality, cost, cash flow, service and safety of its supply chain.
Coty identified specific actions to help create a sustainable advantage in terms of complexity, cost, capacity utilization, supply chain cycle time, inventory levels and quality. The program—executed in three stages—initially focused on laying the foundation for a reliable, agile and integrated supply chain. Using the principles of lean supply chain networks, demand-driven planning and flexible logistics networks, the improved supply chain has become an advantage for Coty.
In recognition of the significant returns from the project, Coty is the worthy recipient of the 2013 ML100 Global Value Chain Award.
“The transformation of our global supply chain and its improved performance is an achievement which we at Coty are very proud, and that is only made possible with the collaboration of every Coty employee,” said Darryl McCall, executive vice president, operations, Coty Inc. “And we are truly grateful to the Manufacturing Leadership Community for this valued recognition of our efforts.”
“Coty was able to turn its global supply chain from a liability to an advantage,” said Jeff Moad, research director, Manufacturing Leadership Community. “Along the way, the company transformed the culture of its supply chain organization to one that is intensely customer-focused and characterized by courageous leadership “
Each year, the Manufacturing Leadership Community, the global community for manufacturing leadership and producer of the Manufacturing Leadership Summit and Awards program, presents this award to companies that have undertaken efforts to revamp and optimize supply chain and related processes, with an eye toward speeding to market products that deliver maximum value to customers. Winners in this category will have rethought and reengineered how they source, produce, and deliver products to customers in dynamic global markets.
About Coty Inc.
Coty is a new emerging leader in beauty with net revenues of $4.6 billion for the fiscal year ended June 30, 2012. Founded in Paris in 1904, Coty is a pure play beauty company with a portfolio of well-known fragrances, color cosmetics and skin & body care products sold in over 130 countries and territories. Coty’s product offerings include such global brands as adidas, Calvin Klein, Chloé, Davidoff, Marc Jacobs, OPI, philosophy, Playboy, Rimmel and Sally Hansen.
For additional information about Coty Inc., please visit www.coty.com
About Manufacturing Leadership
The Manufacturing Leadership Council, Frost & Sullivan, is the world’s first member-driven, global business leadership network dedicated to senior executives in the manufacturing industry. The Manufacturing Leadership Council’s mission is to help senior executives define and shape a better future for themselves, their organizations, and the industry at large. The Council produces an extensive portfolio of leadership networking, information and professional development products, programs, and services -- including the Manufacturing Executive Website and an online global business network with 5,300 members around the world. For more information, please visit www.MLCouncil.com
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.
Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
• The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
• The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
Contact Us: Start the discussion
Subscribe: Newsletter on "the next big thing"
Register: Gain access to visionary innovation
Contact:
Cysette Burset
p. + 1 212.479.4549
cysette_burset@cotyinc.com
Mireya Espinoza
p. +1 210.247.3870
mireya.espinoza@frost.com
COTY INC. HELPS RAISE RECORD $3.7M TO SUPPORT THE SEVENTH ANNUAL DELETE BLOOD CANCER GALA IN NEW YORK CITY
May 2, 2013NEW YORK, May 2, 2013 — The seventh annual Delete Blood Cancer Gala held on May 1 at Cipriani Wall Street broke all records of previous years and raised $3.7 million to support the fight against leukemia and other blood-related cancers.
The money raised jointly by Coty Inc., a leading global beauty company, and Delete Blood Cancer, part of the world's largest bone marrow donor center, will help register 55,000 new bone marrow donors and help patients worldwide. Over the past 20 years, Delete Blood Cancer DKMS has registered over 3.5 million donors and has facilitated more than 35,000 lifesaving transplants around the world.
During the star-studded event, Glenda Bailey, editor-in-chief of Harper’s Bazaar, presented the “Delete Blood Cancer Award” to Suzi Weiss-Fischmann, co-founder, artistic director and EVP of OPI Products, for her outstanding commitment to the cause. Pop star Katy Perry presented designer Vera Wang with the award, which Wang shared with actress Leighton Meester for their promotion of Delete Blood Cancer’s Share the Love campaign encouraging people to get swabbed and register as bone marrow donors. Katharina Harf, co-founder of Delete Blood Cancer and co-host of the event, presented the honor to the “Gossip Girl” actress. TV personality and celebrity designer Nate Berkus co-hosted the Gala.
After the award presentations, the event featured unforgettable live performances by Grammy Award–winning artists Jill Scott and Lady Antebellum.
The emotional highlight of the evening came during a miracle moment when donor recipient Darien Craig, a 19-year-old from Nashville who’s known as the “Fighter,” met the donor who saved her life. Darien and her mother, Tina, were overwhelmed with joy and gratitude, and then surprised when the identity of the donor was revealed: It was Evander Holyfield Jr., son of the boxing icon. Evander Holyfield appeared on stage with his son to help present a special gift to Darien.
“All of us in the Coty family have been committed to supporting Delete Blood Cancer for the last several years, and each year we deliver infinite support from Coty employees, partners and supporters. It is always wonderful to see the generosity expressed for this cause,” said Michele Scannavini, CEO, Coty Inc., and co-chair of the event.
“Having the opportunity to introduce a Delete Blood Cancer donor to the recipient whose life he saved stresses the importance of what we do. We are so grateful to Coty, our legacy corporate sponsor who helps make this all possible," said Katharina Harf.
Also in attendance for the black-tie gala event were Anastasia Ganias (“True Blood”), Anja Rubik (model), Coco Rocha (“The Face”), Derek Lam (designer), Glenda Bailey (Harper’s Bazaar), Georgia May Jagger (model), Julie Henderson (model), L.P. (musical artist), Lindsey Vonn (Olympic skier), Dr. Mary Horowitz, among others.
Since the formation of the partnership in 2006, Coty Inc. has aligned itself with Delete Blood Cancer and its mission to save lives by recruiting bone marrow donors for blood cancer patients. Coty joined Delete Blood Cancer-DKMS in October 2006 in the fight against leukemia, one of the leading causes of cancer deaths worldwide. Leukemia also touched Coty Inc. in a very personal manner in 1991, when the wife of longtime Coty Inc. Chairman Peter Harf succumbed to the disease. In the United States, more than 140,000people are diagnosed with a blood cancer each year and over 50,000 die from these cancers. Among children, leukemia is the leading cause of cancer death.
All proceeds from the seventh annual Delete Blood Cancer Gala will go directly to enrolling lifesaving bone marrow donors and furthering advancements in cancer treatment and care.
For more information on Delete Blood Cancer visit www.deletebloodcancer.org
###
About Delete Blood Cancer
Delete Blood Cancer started with one family’s search for a bone marrow donor and is today part of the world’s largest bone marrow donor center. We have helped register more than 3.5 million potential donors and facilitated over 35,000 life-saving transplants around the world. But we’re not stopping there. Every day we lead the fight against blood cancer by working with families, communities and organizations to recruit more donors and provide more patients with second chances at life. Delete Blood Cancer-DKMS Americas is a 501(c)(3) nonprofit organization. For more information or to register as a bone marrow donor, please visit www.deletebloodcancer.org.
About the Coty-Delete Blood Cancer/DKMS: Linked Against Blood Cancer Partnership
In October 2006, Coty Inc., an emerging global leader in beauty, joined Delete Blood Cancer-DKMS as its founding corporate sponsor in the fight against blood cancer, by establishing the Coty-Delete Blood Cancer/DKMS: Linked Against Blood Cancer partnership. Coty has leveraged its strong celebrity partnerships to raise awareness of the disease and help recruit thousands of donors around the world. Additionally, Coty has assisted Delete Blood Cancer-DKMS in establishing independent Delete Blood Cancer-DKMS organizations in the U.S., Poland and the U.K., with plans to open more offices across the globe. Leukemia, a blood cancer and one of the leading causes of cancer deaths worldwide, personally affected the Coty family when the wife of longtime Coty Chairman Peter Harf succumbed to the disease in 1991.
Contact:
Cysette Burset
+1 212 479 4549
cysette_burset@cotyinc.com
GEORGIA MAY JAGGER AND COTY INC. WILL ILLUMINATE THE EMPIRE STATE BUILDING TO SHINE A LIGHT ON THE FIGHT AGAINST BLOOD CANCER
April 30, 2013The Supermodel Joins Katharina Harf of Delete Blood Cancer and Founding Corporate Sponsor Coty Inc. to Raise Awareness for the Cause
NEW YORK (May 1, 2013) — Today, internationally renowned supermodel Georgia May Jagger will join Delete Blood Cancer, part of the world’s largest bone marrow donor center, and leading global beauty company Coty Inc. to light up the Empire State Building in red and white to help raise awareness for the fight against blood cancer. Jagger will speak at the morning lighting ceremony at the Empire State Building, accompanied by Katharina Harf, co-founder of Delete Blood Cancer, and Michele Scannavini, CEO of Coty Inc. and honorary chair of the seventh annual Delete Blood Cancer Gala. (Watch video of lighting ceremony.)
Georgia May Jagger is the face of Roberto Cavalli’s newest feminine fragrance, Just Cavalli for Her, and spokesmodel for color cosmetics brand Rimmel, both valued properties in Coty’s extensive global portfolio.
The lighting ceremony will commemorate the seventh anniversary of both the Coty-Delete Blood Cancer Linked Against Blood Cancer partnership and the annual Delete Blood Cancer Gala, co-hosted by co-founder Katharina Harf and TV personality and celebrity designer Nate Berkus. This year’s star-studded event will take place on the evening of May 1 at Cipriani Wall Street, and the Empire State Building will light up the skies from sunset on May 2 until 2 a.m. on May 3 to help raise awareness of Delete Blood Cancer and to celebrate the Gala and its fundraising goals.
“I am very excited to join Michele and Delete Blood Cancer in the important battle against blood cancer, and to celebrate the seventh annual Delete Blood Cancer Gala,” said Jagger. “When the Empire State Building is glowing red and white, I hope it will remind all who see it that we each have the power to save lives. I want to inform people how simple it is to register as a bone marrow donor with Delete Blood Cancer and possibly save the life of a patient in need.”
“We are thrilled that Georgia has joined the cause to help save the lives of blood cancer patients,” said Harf. “I lost my mother to this disease, so it has been my life’s mission—and the mission of Delete Blood Cancer—to help others avoid the loss of a loved one. Georgia can help us reach young people with our message.”
“We at Coty are so grateful to Georgia for the contributions she’s made to our fragrance and color cosmetics brands, and now we are deeply grateful for the time she is giving to this cause; her help bringing awareness to the fight against blood cancer is greatly valued,” said Scannavini.
Blood cancer is the second leading cause of all cancer deaths in the U.S. and kills more children in the U.S. than any other disease. Many could be saved by a bone marrow transplant, but there are not enough registered donors to find a match for everyone. Sadly, half of patients never receive the lifesaving transplant they need.
###
About Delete Blood Cancer
Delete Blood Cancer started with one family’s search for a bone marrow donor and is today part of the world’s largest bone marrow donor center. We have helped register more than 3.5 million potential donors and facilitated over 35,000 lifesaving transplants around the world. But we’re not stopping there. Every day we lead the fight against blood cancer by working with families, communities and organizations to recruit more donors and provide more patients with second chances at life. Delete Blood Cancer-DKMS Americas is a 501(c)(3) nonprofit organization. For more information or to register as a bone marrow donor, please visit www.deletebloodcancer.org.
About the Coty-Delete Blood Cancer/DKMS: Linked Against Blood Cancer Partnership
In October 2006, Coty Inc., an emerging global leader in beauty, joined Delete Blood Cancer-DKMS as its founding corporate sponsor in the fight against blood cancer, by establishing the Coty-Delete Blood Cancer/DKMS: Linked Against Blood Cancer partnership. Coty has leveraged its strong celebrity partnerships to raise awareness of the disease and help recruit thousands of donors around the world. Additionally, Coty has assisted Delete Blood Cancer/DKMS in establishing independent DKMS organizations in the U.S., Poland and the U.K., with plans to open more offices across the globe. Leukemia, a blood cancer and one of the leading causes of cancer deaths worldwide, personally affected the Coty family when the wife of longtime Coty Chairman Peter Harf succumbed to the disease in 1991.
About the Empire State Building
Soaring 1,454 feet above Midtown Manhattan, the Empire State Building is the “World’s Most Famous Office Building.” With new investments in infrastructure, public areas and amenities, the Empire State Building has attracted first-rate tenants in a diverse array of industries from around the world. The skyscraper’s robust broadcasting technology supports all major television and FM radio stations in the New York metropolitan market. The Empire State Building was named America’s favorite building in a poll conducted by the American Institute of Architects. The Empire State Building Observatory is one of the world’s most beloved attractions and is the region’s #1 tourist destination. For more information on the Empire State Building, please visit www.esbnyc.com, www.facebook.com/EmpireStateBuilding or @EmpireStateBldg.
Media Contacts:
Cindy Tanenbaum, Havas PR, 917.538.1259, cindy.tanenbaum@gmail.com
Shawn Purdy & Lindsey Brown, Slate PR, 212.235.6813, shawn@slate-pr.com/lindsey@slate-pr.com