IN THE NEWS
Coty discloses 2021 climate change impact through CDP
January 10, 2022
As a global leader in beauty, we recognize our responsibility to take action to protect our planet by reducing our climate impact. Each year, we disclose our climate change impact through CDP, a global non-profit that runs the world’s leading environmental disclosure platform.
Covergirl Introduces America Ferrera as New Brand Ambassador
November 19, 2021
Emmy award-winning actor, director, producer, activist and author brings a message of self-acceptance and self-love to the easy, breezy beautiful brand of COVERGIRL.
Coty Outlines Long-Term Growth Plan and Reclaims Position as a True Beauty Powerhouse
November 18, 2021
Company to Host Investor Day Event at New York Stock Exchange today. Reveals Plan for Above Market Growth through FY25 and beyond. Unveils Major New Product Launches in Mass and Prestige Skincare. Increases Cost Savings Targets to Fuel Reinvestment and Profit Expansion.
Coty Adds Ultra Premium Skincare Brand Orveda to Prestige Portfolio
November 18, 2021
New licensing deal expands Coty’s skincare portfolio with vegan, sustainably-minded and genderless high-performance product line anchored in microbiome science
Coty Releases 2021 Sustainability Report Outlining Progress Toward the Future of Sustainable Beauty
November 16, 2021
NEW YORK, NY – Coty, Inc. (NYSE: COTY) today released its 2021 Sustainability Report [hyperlink to FY 2021 report]. In the report, Coty shares its progress in advancing the company’s dedicated sustainability strategy, Beauty That Lasts, during Coty’s 2021 financial year (“FY21”) from July 2020 to June 2021.
Coty Names Dr. Shimei Fan as Chief Scientific Officer
November 16, 2021
30-year Beauty Industry veteran to lead sustainable R&D and innovation division NEW YORK, NY – Coty, Inc. (NYSE: COTY) today announced that Dr. Shimei Fan, formerly Senior Vice President of Shiseido’s Americas Innovation Center, will join the company as Chief Scientific Officer, reporting to CEO Sue Y. Nabi. Shimei will take up the role on January 3, 2022 and will be based in Amsterdam.
COVERGIRL Breaks Through in New Category with the Launch of Clean Fresh Skincare, Expands Clean, Vegan Product Lineup
November 15, 2021
NEW YORK (November 15, 2021) – COVERGIRL launches its first-ever skincare collection with Clean Fresh Skincare, a 100% vegan and clean lineup of products shown to visibly improve the look of skin – instantly and overtime. For years, COVERGIRL has been the go-to brand for makeup needs from foundation, mascara, to lipstick. Now, the brand will extend beyond color cosmetics with this completely new skincare line, entering a new category.
Coty Further Improves Capital Structure, with KKR Converting the Remainder of Their Convertible Preferred Shares into Common
November 10, 2021
NEW YORK – November 10, 2021 -- Coty Inc. (NYSE: COTY) ("Coty" or "the Company") today announced the sale of KKR’s remaining 2.4% ownership stake in Coty, converted into approximately 20 million common shares. This transaction follows three earlier transactions over the last three months, as a result of which KKR fully exits Coty.
Coty Delivers Strong 1Q22 Results, Well Ahead of Expectations
November 8, 2021
Prestige Launches Drive Sales Momentum and Consumer Beauty Back to Growth Strong Gross Margin Expansion and Cost Control Fuel Reinvestment And Progress on Each Strategic Pillar FY22 Sales Growth Outlook Raised to Low to Mid Teens Growth at Current FX Levels November 18th Investor Day to Detail Strategic Progress and Medium Term Trajectory
Coty announces the launch of Kylie Baby, the new brand by Kylie Jenner
September 29, 2021
The safe, gentle, clean, and conscious baby care range will be available exclusively on the brand’s Direct-to-Consumer website.
Coty Expands Beauty Tech Offerings Globally with Omni-Channel Perfect Corp. Partnership
September 27, 2021
Augmented reality, artificial intelligence tools promise to enrich the consumer experience across digital, social and in-store
Coty Announces Pricing of Secondary Offering of Class A Common Stock by KKR
September 13, 2021
NEW YORK--(BUSINESS WIRE)—September 8, 2021-- Coty Inc. (NYSE: COTY) (“Coty”) today announced the pricing of its previously-announced registered public secondary offering of 50,000,088 shares of Coty’s outstanding Class A common stock by KKR Rainbow Aggregator L.P. (“KKR”), at a price to the public of $8.53 per share.