Coty on Wednesday said it expects annual profit to come in at the low end of its forecast, as weak demand for beauty products in …
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Coty
Coty Lowers First-Quarter Sales Outlook
CoverGirl parent Coty, opens new tab on Monday estimated first-quarter like-for-like sales growth below its prior forecast due to a slowdown in the U.S., sending its …
Coty Tumbles After Purchase of P&G Brands Brings Challenges
NEW YORK, United States — Coty Inc.’s rise from relative obscurity to cosmetics giant is getting off to a rough start. Shares of the company …
Kim Kardashian’s Collaboration With Coty Cosmetics Hits Legal Snag
LOS ANGELES, United States — It may take a court injunction just to keep up with the Kardashians. Kim Kardashian West‘s partner for her beauty line …
Coty to Buy 20% Stake in Kim Kardashian West’s Beauty Line
NEW YORK, United States — Coty Inc has agreed to buy a 20 percent stake in reality TV star Kim Kardashian West‘s makeup brand KKW …
Coty Posts Surprise Profit as Beauty Product Sales Recover
NEW YORK, United States — Coty Inc posted a surprise quarterly profit on Friday as demand for its beauty products and fragrances recovered from lockdown lows …
Coty Misses Revenue Estimates on Cautious Retail Orders, Lacoste License Sale
CoverGirl parent Coty missed fourth-quarter revenue expectations on Tuesday, impacted by its divestiture of Lacoste fragrance license and controlled orders from cautious retailers, which weighed on …
Coty Sales Rise 8%, Led by Prestige Beauty
Shares of the company were up about 3% in aftermarket trading. The CoverGirl parent has been investing heavily in new product launches and collaborations with …
Coty Announces College Basketball Star Jared McCain as Sally Hansen Ambassador
On Friday, Coty announced Duke University basketball player Jared McCain as an ambassador for Sally Hansen, the drugstore nail care brand known for its range …
Coty Adds Etro License | BoF
Coty is adding to its luxury line-up. Its new licence agreement with Etro, which will run beyond 2040, will see Coty produce and distribute the …
Coty Signs Licensing Deal With Marni
The agreement, which will run beyond 2040, will see Coty develop, produce and distribute beauty products on behalf of Marni. The first items under the …
Five Artists Interpret the Debut Fragrance Collection from Infiniment Coty Paris
Artwork by Mous Lamrabat In 1975, the disco-famous designer Halston debuted his eponymous women’s perfume. The bottle, conceived by Halston’s close collaborator Elsa Peretti, was …
Coty Raises Annual Core Sales Outlook As Fragrances, Cosmetics Drive Demand
Coty on Tuesday raised its annual core sales forecast on the back of higher pricing and strong demand from customers who snapped up the CoverGirl parent’s …
Burberry Beauty Will Return, Coty Confirms
Burberry Beauty is relaunching next month with a boutique inside Selfridge’s. The British luxury brand has something of an on-again, off-again relationship with its beauty …
Why Kim Kardashian and Coty Could Be Parting Ways
The Kim Kardashian and Coty partnership may be coming to an end. Just a year after Kardashian re-launched her beauty brand in partnership with the …
Kim Kardashian in Talks to Buy Back Beauty Firm Stake From Coty
Kim Kardashian is in talks with Coty to buy back a minority stake in her beauty firm from the fragrance and cosmetics company, the Wall …
Why Coty Sees Its Future in France
Last week, while sharing an update on Coty’s strategy with investors at Paris’ Hôtel du Louvre, chief executive Sue Nabi noted the gathering was happening …
Coty CEO Says Gucci Licence Not Under Discussion for Next Five Years
Coty said on Thursday there will be no discussion of a Gucci licence deal in the next five years. “There will be no discussion on …
Coty Extends Sue Y. Nabi’s Contract; Eyes Second Listing In Paris
Coty, the beauty company behind brands including Rimmel and Kylie Cosmetics, announced it had extended its contract with veteran beauty executive Sue Y. Nabi, who …
For Coty, Is It Goodbye Gucci?
With its new beauty division, Kering clearly wants to exert more control over its fashion houses’ beauty businesses. That could spell trouble for the companies …