In 1989, JOOP! Homme first bottled the essence of male charisma, specializing in capturing a truly masculine scent designed to directly appeal to women. The latest chapter, JOOP! Homme Sport, introduces an energetic, cool cascade of freshness, infuses your body with a unique charm designed to enhance your sensuality.

Dynamic and irresistible, the scent's head is a bursting refreshment of revitalizing mint, all topped off with the sweet scents of bergamot and ginger. The heart of the fragrance is the elemental splash of the salty skin accord, complemented with a zesty edge of orange blossom. The base notes come from the Tonka bean, giving it an enriched, woody undertone.

The gradiated pink at the base of the flacon stays true to JOOP! history directly contrasting with a new, fresh, burst of exotic blue at the top.

JOOP! Ambassador and model, Justice Joslin, has been the face for the JOOP! Homme, JOOP! Homme Extreme and JOOP! Homme Sport campaigns. With his lean and effortless physique, he is the ideal emblem for the brand’s spirit of subtle and sensual chemistry, and the campaign fuses the three blends of seductive mastery into one campaign to show how the dynamic range reflects men's needs.

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Introducing JOOP! Homme Sport

Rimmel London announces an exciting new addition to its portfolio of brand ambassadors. Multi-talented British model and actress CARA DELEVINGNE is joining Rimmel family. The London born 23 year old will star in a range of advertising campaigns for the cutting-edge colour brand.

Famed for her strong look&nbsp;and trend-setting style, Cara is a natural choice to represent Rimmel. In addition to her phenomenal success as a model, she is a gifted actress with a brilliant career ahead of her as well as an inspiring young woman with an extensive fan base with over 36 million followers on social media platforms.

Talking about her new partnership with Rimmel London, Cara comments: “I’m honoured to be working with Rimmel London. It’s the first make-up brand I was introduced to as a teenager.&nbsp; I’m a London girl through and through and Rimmel London truly captures and represents the city’s edgy, cosmopolitan beauty styles.”

Johanna Bussinelli, Chief Marketing Officer of Colour Cosmetics at Coty, says: “Cara Delevingne is the perfect embodiment of the trend-setting Rimmel brand and its edgy, streetwise personality. With her bold, modern look, fierce fashion sense and confident stance that true beauty comes from within, Cara is globally admired for her individuality and self-expression. She will be a powerful addition to the brand, inspiring a new generation of women and showcasing a different facet of the eclectic London look.”

Montse Passolas, Vice President of Global Marketing at Rimmel London, adds: “Cara Delevingne’s striking look and unique sense of style mean she’s the personification of Rimmel cool. With her prodigious talents and fearless spirit, she’s a true inspiration to young women everywhere. Cara also has a huge online presence and social media following, through which Rimmel can reach out and talk to our core consumers. She is an iconic British ambassador and a fantastic partner for the brand.”&nbsp;&nbsp;

To celebrate this exciting and exceptional partnership, Rimmel&nbsp;will&nbsp;announce&nbsp;the news&nbsp;about Cara&nbsp;in a ground-breaking way: in&nbsp;its&nbsp;first-ever Global Snapchat Press Conference, which will allow loyal Rimmel fans and followers a unique opportunity to interact with the new face of the brand. In GEN Z-style, consumers&nbsp;will become journalists for one day with the chance to pose their burning questions to Cara on&nbsp;#RimmelxCara. The Press Conference will be held&nbsp;on&nbsp;15th&nbsp;April&nbsp;2016, with&nbsp;Cara selecting&nbsp;her favourite questions from&nbsp;the public&nbsp;and answering them LIVE on Snapchat.

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RIMMEL ANNOUNCES CARA DELEVINGNE AS NEW BRAND AMBASSADOR

Team work is one of Coty’s core values and is exemplified in many different ways across every division and function in the organization. Team work is at its best when colleagues with the right attitude come together, passionate about working towards a common goal.&nbsp; In our Supply Chain function this ‘win for the team’ behavior is critical to ensuring that our supply chain is a competitive advantage that can better drive innovation and business growth. In this Harvard Business Review article, you can read about Coty Supply Chain’s recipe for developing high performing teams that inspire a continuous stream of improvements and innovative practices through the Leading Bold Change initiative.

Read the full article&nbsp;<a href="https://hbr.org/2016/05/how-coty-reinvigorated-its-supply-chain" target="_blank">here</a>.

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Harvard Business Review: How Coty Reinvigorated it Supply Chain

Coty Inc. (NYSE: COTY) today announced that management will&nbsp;participate in the dbAccess Global Consumer Conference in Paris at InterContinental Paris Le Grand.&nbsp;Bart Becht, interim CEO and Chairman, and Patrice de Talhout, EVP and Chief Financial Officer, are&nbsp;scheduled to present on&nbsp;Tuesday, June 14, 2016 at 2:00 p.m. CEST / 8:00 a.m. EDT.

A live webcast of the presentation will be available on the company's investor relations website,&nbsp;<a href="http://investors.coty.com/" target="_blank">http://investors.coty.com</a>, under "Investor Events &amp; Webcasts." A replay will be archived and available at&nbsp;the same location.

About Coty Inc.

Coty is a leading global beauty company with net revenues of $4.4 billion for the fiscal year ended June&nbsp;30, 2015. Founded in Paris in 1904, Coty is a pure play beauty company with a portfolio of well-known&nbsp;fragrances, color cosmetics and skin &amp; body care products sold in over 130 countries and territories.&nbsp;Coty's product offerings include such global brands as adidas, Calvin Klein, Chloé, DAVIDOFF, Marc&nbsp;Jacobs, OPI, philosophy, Playboy, Rimmel and Sally Hansen.

For additional information about Coty Inc., please visit&nbsp;<a href="https://urldefense.proofpoint.com/v2/url?u=http-3A__cts.businesswire.com_ct_CT-3Fid-3Dsmartlink-26url-3Dhttp-253A-252F-252Fwww.coty.com-26esheet-3D51333287-26newsitemid-3D20160503005639-26lan-3Den-2DUS-26anchor-3Dwww.coty.com-26index-3D3-26md5-3D3d81502eee263cc3fd5668e8455bbb15&amp;d=CwMFaQ&amp;c=7cLS9WNAtBnCcDqDMiGRcw&amp;r=vBwoC5MK4PtvGduVxxqtAT4eHG6iWs6QTVNLHEkCmco&amp;m=NUOOl6pYM32VdGcfdEvmgBiHCHFDlK_o7ltDt94aPo0&amp;s=GII9B4b2Wz3YN2U5ZsjQcFaXVDc2p0Ufy_H8wXnx_aM&amp;e=" target="_blank">www.coty.com</a>.

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Coty Inc. to Present at the dbAccess Global Consumer Conference

Born under the sun of the French Riviera in 1946, the Lancaster brand is celebrating its 70th birthday this year, marking 70 years as the environmental beauty expert.

Always focused on scientific advances in skin care, Lancaster is once again raising the bar on sun protection with the introduction of Full Light Technology, an unprecedented innovation that took over seven years of intensive research to develop.

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<img alt="" src="https://supplier.coty.com/sites/default/files/Picture1.png" />

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Did you know that UV rays represent less than 10% of the sun’s rays? Infrared rays and visible light represent over 90% of the sun’s radiation and can reach the deepest layers of the skin, accelerating premature aging. Despite this, traditional sunscreen’s only offer UVA and UVB protection.

Now Lancaster is changing the game with Full Light Technology, which targets 100% of the sun’s spectrum. Lancaster’s intensive research found that each wavelength in the solar spectrum corresponds to perceptible damage to the skin: UVB rays are responsible for sunburn, UVA rays accelerate skin aging and disrupt proper cell balance, and infrared rays damage dermal collagen and elastin fibres, which in the long-term leads to a reduction in the skin’s firmness and elasticity.

As for visible light, for many years we thought that it did not have a harmful effect on the skin, but after years of scientific research, Lancaster is lifting the veil on its harmful effects. A creator of free radicals, visible light causes cell dysfunction, which contributes to accelerated skin aging.

Lancaster’s Full Light Technology simultaneously absorbs, reflects and neutralizes the different waves in the light spectrum to minimize their harmful effects on the skin.&nbsp;

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Lancaster’s Full Light Technology Will Revolutionize Your Sun Care

Coty Inc. (NYSE: COTY) today announced financial results for the third quarter of fiscal year 2016, ended March 31, 2016.&nbsp;&nbsp;

Third Quarter Fiscal 2016 Summary

<ul>
	<li>Net revenues of $950.7 million declined 1% like-for-like and increased 2% as reported</li>
	<li>Adjusted operating income of $81.7 million decreased 19% from $100.9 million in the prior-year period</li>
	<li>Reported net (loss) income of $(26.8) million decreased from $75.5 million in the prior-year period</li>
	<li>Adjusted net income of $31.5 million decreased from $63.6 million in the prior-year period</li>
	<li>Adjusted earnings per diluted share of $0.09 decreased from $0.18 in the prior-year period</li>
	<li>Net cash (used in) provided by operating activities was $(71.8) million compared to $33.2 million in the prior-year period</li>
	<li>
	First Nine Months Fiscal 2016 Summary
	</li>
	<li>Net revenues of $3,273.5 million declined 1% like-for-like and decreased 3% as reported</li>
	<li>Adjusted operating income of $469.7 million was flat with the prior-year period</li>
	<li>Reported net income of $187.9 million decreased from $211.5 million in the prior-year period</li>
	<li>Adjusted net income of $387.0 million increased from $329.8 million in the prior-year period, reflecting the favorable tax settlement of $113.3 million in the first nine months of fiscal 2016 compared to the favorable tax settlement of $32.5 million in the first nine months of fiscal 2015</li>
	<li>Adjusted earnings per diluted share of $1.08 increased from $0.91 in the prior-year period</li>
	<li>Net cash provided by operating activities was $445.3 million compared to $388.2 million in the prior-year period</li>
	<li>
	Commenting on the merger progress and Q3 financial results, Bart Becht, Chairman and Interim CEO said:

	"Q3 revenues were consistent with our expectations for muted like-for-like trends through the end of the fiscal year, as we gradually rationalize non-strategic product lines and businesses. Power brands on the other hand continued to outperform the overall business both for the quarter and fiscal year-to-date. While Q3 adjusted operating income was down due to one-off items and fiscal year-to-date adjusted operating income is largely flat, we continue to target high single digit growth for the full year adjusted operating income at constant rates largely offset by negative FX impact.

	On the merger and acquisition side, integration efforts are well underway for both the Bourjois business and the Brazilian Beauty Business acquired from Hypermarcas. We remain confident regarding the financial benefits of both transactions. Regarding the P&amp;G Beauty Brands transaction, on April 22 we filed a Registration Statement on Form S-4 detailing the transaction and the historical results of the P&amp;G Beauty Brands, as well as a Supplemental Financial Overview with bridged revenue and EBITDA. We will provide a more comprehensive update on the transaction, including estimated cost synergies, which we expect to be higher, one-time costs, and working capital benefits, on the investor call at 8:00am EDT. We have made very good progress both in terms of preparing for the integration and the steps needed to realize the financial benefits of this transaction, and we now expect the transaction to close in October.

	In summary, we believe we are well on track to build a healthy platform for Coty to become a global leader and challenger in the beauty industry and provide the right basis to drive profitable growth and deliver shareholder value over time."

	Basis of Presentation and Exceptional Items

	The term “like-for-like” describes the performance of the business on a comparable basis, excluding material acquisitions, all divestitures, discontinued operations and foreign currency exchange translations to the extent applicable. “Like-for-like” does not exclude net revenues from joint venture consolidations and conversion from third-party to direct distribution. The term “adjusted” excludes the impact of acquisition related costs, nonrecurring items, private company share-based compensation expense, impairment charges and restructuring costs to the extent applicable. Refer to “Non-GAAP Financial Measures” for a definition of free cash flow.

	Net revenues are reported by segment and geographic region and are discussed below on a like-for-like basis. Operating income is reported by segment. All changes in margin percentage are described in basis points rounded to the nearest tenth of a percent.

	Net revenues and adjusted operating income are presented on an actual and a constant currency basis. Net revenues are also reported on an adjusted basis and like-for-like.&nbsp; Operating income, net income and earnings per diluted share (EPS (diluted)) are presented on a reported (GAAP) basis and an adjusted (non-GAAP) basis. Selling, general and administrative expense (SG&amp;A), effective tax rate, cash tax rate, gross margin, net income, operating income and operating income margin are presented on an adjusted (non-GAAP) basis. Net revenues on a constant currency basis and like-for-like, adjusted net revenues, adjusted operating income on a constant currency basis, adjusted operating income, adjusted operating income margin, adjusted effective tax rate, adjusted cash tax rate, adjusted net income, adjusted gross margin, adjusted EPS (diluted), adjusted SG&amp;A and free cash flow are non-GAAP financial measures. A reconciliation between GAAP and non-GAAP results can be found in the tables and footnotes at the end of this release.

	Third Quarter Fiscal 2016 Summary Operating Review

	Net revenues&nbsp;of $950.7 million decreased 1% like-for-like and increased 2% as reported from the prior-year period. Moderate like-for-like growth in Color Cosmetics was offset by modest like-for-like declines in Fragrances and pressure in Skin &amp; Body Care. The 1% like-for-like increase in the Color Cosmetics segment was driven by growth in our power brand Rimmel, while lower Sally Hansen revenues reflected the decline in the U.S. retail nail market.&nbsp; Fragrances modestly declined 1% like-for-like, as growth in Marc Jacobs supported by innovation did not offset declines in several brands. Skin &amp; Body Care declined 5% like-for-like as continued strength in adidas was offset by a decline in philosophy and Playboy. The acquisition of the Brazilian Beauty Business from Hypermarcas, which closed on February 1, 2016, contributed $14.3 million in revenues, with revenues negatively impacted by a change in commercial terms to conform with Coty's standards. By geographic region, strong like-for-like growth in Asia Pacific and EMEA was offset by declines in the Americas. Asia Pacific net revenues grew 6% like-for-like, reflecting growth in China, Australia, Japan and Travel Retail. EMEA revenues increased 4% like-for-like, as growth in Germany, Eastern Europe, and the Middle East was partially offset by declines in the UK and regional exports. Americas net revenues decreased 8% like-for-like, reflecting declines primarily in the U.S.

	Adjusted gross margin&nbsp;of 61.8% increased from 61.6% in the prior-year period, driven primarily by a lower level of promotional and discounted pricing activity.&nbsp;&nbsp;

	Adjusted SG&amp;A&nbsp;expense increased from the prior year period. As a percentage of net revenues, adjusted SG&amp;A increased to 51.0% from 48.8% in the prior-year period, primarily driven by higher share based compensation as well as the incurrence of costs related to the Brazilian Beauty Business, without a commensurate level of revenue.&nbsp;

	Operating income&nbsp;decreased to $23.0 million from $114.7 million in the prior-year period. The reported operating income decrease primarily reflected acquisition related costs and higher SG&amp;A expense.

	Adjusted operating income&nbsp;decreased 19% to $81.7 million from $100.9 million in the prior-year period, in part reflecting the one-time non-recurring negative impact of the Brazilian Beauty Business. As a percentage of net revenues, adjusted operating margin decreased 230 basis points to 8.6% from 10.9%.

	Adjusted effective tax rate&nbsp;was 26.4% compared to 16.1% in the prior-year period. The adjusted cash tax rate for the nine months ending March 31, 2016 was 22.2%.

	Net (loss) income&nbsp;decreased to $(26.8) million from $75.5 million in the prior-year period, reflecting lower operating income and higher interest and other expenses.

	Adjusted net income&nbsp;decreased to $31.5 million from $63.6 million in the prior-year period, primarily reflecting lower adjusted operating income and higher interest expense.&nbsp; As a percentage of net revenues, adjusted net income margin decreased to 3.3% from 6.9% in the prior-year period.

	Cash Flows
	</li>
	<li>Net cash (used in) provided by operating activities in the quarter was $(71.8) million, compared to $33.2 million in the prior-year period, primarily as a result of acquisition and restructuring costs, and the Brazilian Beauty Business acquisition.</li>
	<li>Free cash flow was $(108.7) million in the quarter compared to $(28.7) million in the prior-year period.</li>
	<li>No shares were repurchased during the quarter.</li>
	<li>Net debt increased by $1,470.5 million to $3,763.9 million from $2,293.4 million at June 30, 2015 driven by borrowings in connection with the acquisition of the Brazilian Beauty Business, and the shares repurchased in the first half of the fiscal year, partially offset by strong free cash flow.</li>
	<li>
	Third Quarter Fiscal 2016 Business Review by Segment
	</li>
</ul>

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Prev Next Coty Inc. Reports Third Quarter Fiscal 2016 Results

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At the dawn of the 20th century, the fledgling beauty industry was fragmented, tied to outdated practices, and only accessible to those who could afford it.

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To launch his new business, he chose a new name – something that would evoke elegance and beauty to consumers around the world.

Inspired by his mother, Marie Adolphine Coti, François changed the &bdquo;i&rdquo; of her maiden name to a &bdquo;y&rdquo;, and with that…

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