IN THE NEWS
Coty Announces its Intention to Gradually Recommence Shareholder Returns Alongside Expected Capital Structure Improvement
June 10, 2022
NEW YORK – June 9, 2022 -- Coty Inc. (NYSE: COTY) today announced its intention to gradually return its Equity distributions as deleveraging continues, while also entering into agreements with several banks to start hedging a planned $200 million share buyback program in calendar 2024.
Kim Kardashian launches SKKN by Kim, a new line of high-performance skincare in partnership with Coty
June 6, 2022
LOS ANGELES (June 1, 2022)– Kim Kardashian introduces SKKN BY KIM, an efficacious nine-product skincare collection sitting at the intersection of elevated simplicity and innovative science. SKKN BY KIM was born out of Kim’s dream to bridge the gap between the world’s most renowned dermatological experts and people at home seeking high-performance skincare.
Coty Reports 3Q22 Sales Growth Ahead of Expectations and Progress Across All Metrics
May 9, 2022
NEW YORK - May 9, 2022-- Coty Inc. (NYSE: COTY) ("Coty" or "the Company") today announced its results for the third quarter of fiscal year 2022, ended March 31, 2022. The Company delivered another quarter of solid financial progress and continued strong execution across its strategic growth pillars.
Calvin Klein CK Everyone Eau de Parfum is Cradle to Cradle Certified® Gold
April 12, 2022
Coty Inc. (NYSE: COTY) and Calvin Klein Fragrances are excited to announce that CK Everyone Eau de Parfum is Cradle to Cradle Certified® Gold in all five critical areas of sustainability measured—the only fragrance currently on the market to have achieved this distinction.
Country Music Star, Kelsea Ballerini, Is the Newest Face of COVERGIRL
March 31, 2022
NEW YORK (March 29, 2022) – COVERGIRL today announced GRAMMY nominated and multiple ACM and CMA Award winning artist Kelsea Ballerini as the brand’s newest COVERGIRL. The multiplatinum songwriter and producer has emerged as one of the most acclaimed and talked-about artists in country music and is best known for her seven #1 songs at Country Radio.
Marking #IWD2022 and Women's History Month: Coty Progress on Diversity, Equity, & Inclusion Commitments
March 9, 2022
Since our inception, Coty has worked to uplift and empower women, both through our business and our brands. We continue that legacy today. We recognize the importance of diversity at a leadership level and throughout our whole organization, and have set ourselves ambitious targets to measure our journey.
Coty Joins Breakthrough Ecobeautyscore Consortium
February 22, 2022
NEW YORK, Coty Inc. (NYSE: COTY) (February 17, 2022) – Coty announces today that it joined forces with 35 other cosmetics and personal care companies to form the EcoBeautyScore Consortium. This breakthrough initiative aims to develop an industry-wide environmental scoring system for cosmetics products, empowering consumers to make sustainable beauty choices.
Sally Hansen Introduces Next Gen Virtual Try-On with Perfect Corp. AgileHand® Technology
February 8, 2022
NEW YORK, Coty Inc. (NYSE: COTY) (February 8, 2022) – Sally Hansen unveiled today an advanced virtual try-on tool, a first-to-market application of Perfect Corp.’s AgileHand® Technology, which allows consumers to easily experience hundreds of Sally Hansen nail color options in an augmented reality environment, available from any mobile device. Perfect Corp. is a leading beauty and fashion tech solutions provider.
Coty Reports Strong 2Q22 Across All Metrics, With Significant Momentum Into 3Q22
February 8, 2022
Strong Sales and Sell-Out Momentum in 1H22, Fueled by U.S., China and Travel Retail. Consumer Beauty Accelerates Growth And Gains Market Share. Leverage Below 5x Exiting CY21, Ahead of Expectations. Robust Gross Margin Expansion Fuel Media Reinvestment and Profit Growth. FY22 Sales Expected at Upper End of Guidance Range, with Adjusted EPS Outlook Higher.
Coty Starts Production Of First Globally Distributed Fragrances Made Using Carbon-captured Ethanol
February 1, 2022
NEW YORK -- Coty Inc. (NYSE: COTY) (“Coty” or “the Company”), one of the world’s largest beauty companies with a portfolio of iconic fragrance brands, today announced it has started production of the world’s first globally distributed fragrances made using carbon-captured ethanol.
Newest Covergirl Ambassador, America Ferrera, Makes Her Campaign Debut As The Face Of Clean Fresh Skincare
January 31, 2022
Emmy award-winning actor, director, producer, activist, and author is the face of COVERGIRL’s new clean, vegan skincare collection
Coty Makes Strides on 2022 U.S. Corporate Equality Index, a Leading Scorecard for LGBTQ+ Workplace Equality
January 27, 2022
NEW YORK—Coty, Inc. (NYSE: COTY), one of the world’s largest beauty companies, today announced progress in its ranking on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index (CEI), the foremost benchmarking survey and report of corporate policies and practices related to LGBTQ+ workplace equality in the U.S.