Press Releases

Coty Inc. Declares Annual Dividend of $0.20 Per Share

September 16, 2014

NEW YORK, September 16, 2014 — Coty Inc. (NYSE: COTY) will pay an annual dividend of $0.20 per share on its Class A and Class B Common Stock on October 15, 2014 to stockholders of record at the close of business on October 1, 2014.

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About Coty Inc.
Coty is a leading global beauty company with net revenues of $4.6 billion for the fiscal year ended June 30, 2014. 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 power 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.

Forward Looking Statements
Certain statements in this release are forward-looking statements. These forward-looking statements reflect Coty Inc.’s (the “Company”) current views with respect to its annual dividend and are designated by the word “will” or similar words or phrases. Actual events may differ from the Company’s current views due to risks and uncertainties. More information about potential risks and uncertainties is included under "Risk Factors" and "Management Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2014 and other periodic reports the Company may file with the Securities and Exchange Commission from time to time. The Company assumes no responsibility to update forward-looking statements made herein or otherwise.

For more information:

Coty Investor Relations
Kevin Monaco
, 212-389-6815
or
Coty Corporate Communications
Catherine Walsh
, 212-389-7346

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Coty Inc. Reports Fiscal 2014 Fourth Quarter and Full Year Results

August 28, 2014

Full Year Earnings Per Share Nearly Flat Despite a Very Challenging U.S. Market

Global Efficiency Plan Announced to Save Over $200 Million Per Year, Helping Re-Energize Growth and Accelerate Earnings

Coty to Continue Executing Share Repurchase Program

Click here to see the earnings report.

COTY INC. TO WEBCAST FISCAL 2014 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS ON AUGUST 28, 2014

August 14, 2014

NEW YORK, August 14, 2014Coty Inc. (NYSE: COTY) will release fiscal 2014 fourth quarter financial results before the open of the U.S. equity markets on the morning of Thursday, August 28th, 2014.

On that date, at 9:30 a.m. ET, the Company will webcast live its conference call discussing the results, future outlook, and recent corporate developments. Michele Scannavini, CEO, and Patrice de Talhouёt, CFO, will host the call.

Those wishing to access the webcast can do so at http://investors.coty.com. The webcast will also be archived on the website.

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About Coty Inc.
Coty is a leading global beauty company with net revenues of $4.6 billion for the fiscal year ended June 30, 2013. Founded in Paris in 1904, Coty is a pure play beauty company with a portfolio of well-known fragrances, skin care, color cosmetics, and 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.

Source: Coty Inc.

Investor Relations:
Kevin Monaco, 212-389-6815

Corporate Communications:
Catherine Walsh, 212-389-7346

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COTY INC. ANNOUNCES NEW ORGANIZATIONAL STRUCTURE AND LEADERSHIP UNDER MICHELE SCANNAVINI

July 9, 2014

Initiative Expected to Advance Coty’s Growth Goals and Further Solidify Its Position as an Innovative leader in Beauty.

NEW YORK, July 9, 2014 — Coty Inc. (NYSE: COTY) announced today a new organizational structure that aims to reinforce the company’s growth path and strengthen its position as a global leader in beauty. The organization design will evolve from two stand-alone divisions, Coty Prestige and Coty Beauty, to a more integrated model built around categories and regions while maintaining prestige and mass differentiation and unique treatment in brand building, product development and sales execution where it represents a critical success factor.

The move is expected to bring a more holistic view of consumer evolution and growth opportunities by product category, resulting in a sharper innovation approach. This global effort is also expected to improve coordination and resource allocation between channels and markets, and to increase focus on specific consumer and retailer needs of each region. Further, it will eliminate duplication, ultimately bringing operational efficiencies to help accelerate Coty’s path to profitable growth and generate additional resources to be re-invested behind Coty’s power brands and strategic markets.

The new organization will be structured as follows:

Categories and Innovation
Renato Semerari, previously President, Coty Beauty, will assume the new role of President, Categories and Innovation. Under his leadership, this new group, integrating Marketing, R&D, Communications, Digital and Consumer Marketing Insight, will become the engine of strategic category and brand development, to drive best-in-class innovation worldwide. All Coty brands will be housed under four consumer-driven categories: Fragrance, Skin Care, Color Cosmetics and Body Care. Each category will have dedicated teams with specific skills and competencies to develop the prestige and mass portfolio with total respect for each of the brand’s DNA and positioning. Leaders of the four categories will be:

  • Steve Mormoris, previously in charge of Coty Prestige—American Fragrance Marketing, is appointed CMO Fragrances.
  • Johanna Businelli, previously in charge of Coty Beauty—Color Cosmetics Marketing, is appointed CMO Color Cosmetics.
  • Jill Scalamandre, previously responsible for Coty Prestige—Skin Care Marketing, is appointed CMO Skin Care.
  • Jurgen Scharfenstein, previously responsible for Coty Beauty—Adidas & Lifestyle Fragrance Marketing, is appointed CMO Body Care.

Global Markets
Jean Mortier, previously President, Coty Prestige, will be appointed President, Global Markets, to better leverage the company’s global scale and bring stronger sales execution. The markets will be organized under four regions: North America, Europe, APAC/MEA and Latin America. Each will be led by a Senior Vice President along with dedicated management teams to steer the business according to specific consumer and retailer needs and priorities. This new structure will support the progress toward developing a stronger global footprint. Leaders of the four regions will be:

  • North America: Marc Rey, also President, Coty USA
  • Europe: Stephane Tsassis
  • APAC/MEA: Peggy Elsrode
  • Latin America: Manlio Pizzorni

Supply Chain, Finance, IT, Human Resources and Legal functions will be reorganized to best support categories and regions in developing and delivering top-quality products with high standard of service through efficient integrated processes.

“This evolved organization design will help us to advance our path to profitable growth,” said Coty CEO Michele Scannavini. “We will be more consumer-driven, sharper in priority setting and resource allocation, and more agile, reducing duplications and redundancies over time. We are confident that this new organization will allow us to unleash the full potential of our brands and our talent.”

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About Coty Inc.
Coty is a leading global beauty company with net revenues of $4.6 billion for the fiscal year ended June 30, 2013. Founded in Paris in 1904, Coty is a pure play beauty company with a portfolio of well-known fragrances, skin care, color cosmetics, and 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.

Forward-Looking Statements
Certain statements in this press release are forward-looking statements. These forward-looking statements reflect Coty Inc.’s (the “Company”) current views with respect to the Company’s business strategy and announced program for a new organizational structure and its anticipated benefits, including its effect on the Company’s growth. These forward-looking statements are generally identified by words or phrases, such as “aim,” “will,” “expect,” “bring,” “become,” “confident”, “result” and similar words or phrases. Actual results may differ materially from the results predicted due to risks and uncertainties including whether the Company will be able to implement its program for a new organizational structure as planned; the Company’s ability to achieve its global business strategy and compete effectively in the market; and whether the new organizational structure will improve coordination and resource allocation, eliminate duplication, bring operational efficiencies and strong sales execution, generate additional resources, drive best-in-class innovation and foster growth. More information about potential risks and uncertainties that could affect the Company’s business and financial results is included under “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2013, and other periodic reports the Company has filed and may file with the Securities and Exchange Commission from time to time. The Company assumes no responsibility to update forward-looking statements made herein or otherwise.

PRESS CONTACTS
Catherine Walsh
Chief Communications Officer
catherine_walsh@cotyinc.com
T: +1 212 389 7346

Kevin Monaco
Senior Vice President, Treasurer and Investor Relations
kevin_monaco@cotyinc.com
T: +1 212 389 6815

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Coty Inc. Announces Repurchase of Shares from Berkshire Partners and Rhône Capital

June 6, 2014

NEW YORK, June 6, 2014 — Coty Inc. (NYSE: COTY) today announced that, as part of an ongoing share repurchase strategy, the Company has agreed to purchase 27,892,818 shares of Class B Common Stock owned by investment funds affiliated with Berkshire Partners (Berkshire) and Rhône (Rhône), representing all the shares of Class B Common Stock they will own on the purchase date. Coty will purchase the shares at a price of $16.7779 based upon the previous five day volume weighted average price. The total consideration for the 28 million shares will be $468 million. Pursuant to this transaction, Brad Bloom from Berkshire and Steve Langman from Rhône will resign their positions on the Board of Directors, and the Coty Board will comprise eight members.

“We believe repurchasing our shares is a prudent use of our cash and are pleased to extend Coty’s record of returning value to shareholders through continued share repurchases,” stated Patrice de Talhouët, Coty CFO. “This repurchase of shares is in addition to our recently announced $200 million incremental share repurchase program authorized by our Board, and demonstrates our ongoing confidence in Coty’s strategy to generate long-term profitable growth and strong cash flow."

“On behalf of our board of directors and executive committee members, I would like to thank Brad and Steve for their support, dedication and service to our organization,” stated Michele Scannavini, Coty CEO. “They served with distinction and provided invaluable guidance to management during a pivotal time in our company’s history.”

“Over the past three and a half years, we have been honored to partner with Coty on its path to becoming a leader in the global beauty industry as it built a growing presence across new product categories and emerging markets around the globe,” said Steve Langman, Managing Director at Rhône. “While we now exit our shareholding as the company has completed its transition from the private to public capital markets commensurate with our original investment horizon, we continue to believe in the strength and creativity of its management team and growth potential of its brands. We thank Coty and its board for this extraordinary opportunity.”

“It was a privilege to partner with Coty, one of the world's leading beauty companies, during such an exciting chapter for the company,” said Brad Bloom, Managing Director at Berkshire Partners. “We look forward to watching Coty's continued success."

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About Coty Inc.
Coty is a leading global beauty company with net revenues of $4.6 billion for the fiscal year ended June 30, 2013. 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 power brands as adidas, Calvin Klein, Chloé, Davidoff, Marc Jacobs, OPI, philosophy, Playboy, Rimmel and Sally Hansen.

Forward Looking Statements
Certain statements in this release are forward-looking statements. These forward-looking statements reflect the Company's current views with respect to, among other things, the contemplated repurchase of the Company's common stock from Rhône and Berkshire and the Company’s strategy to generate long-term profitable growth and strong cash flow. These forward-looking statements are generally identified by words or phrases, such as "expect", "will", "would" and similar words or phrases. Actual results may differ materially from the results predicted due to risks and uncertainties including, whether the Company, Rhône and Berkshire will be able to consummate the transactions described in the release as contemplated and the Company’s ability to achieve our global business strategy and compete effectively in the beauty industry. More information about potential risks and uncertainties that could affect the Company's business and financial results is included under "Risk Factors" and "Management Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2013 and other periodic reports the Company may file with the Securities and Exchange Commission from time to time. The Company assumes no responsibility to update forward-looking statements made herein or otherwise.

For more information:

Investor Relations
Kevin Monaco, 212-389-6815, Senior Vice President, Treasurer and Investor Relations

Media
Catherine Walsh
, 212-389-7346, Senior Vice President, Corporate Communications

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