Content about Coty, Inc.

May 15, 2013

Coty, an emerging global leader in beauty, announced today that it has added Olivier Goudet , partner and chief executive officer of the Joh. A. Benckiser Group, to the company's board of directors.

NEW YORK — Coty Inc., an emerging global leader in beauty, announced today that it has added Olivier Goudet , partner and chief executive officer of the Joh. A. Benckiser Group, to the company's board of directors.

Goudet replaces Bernd Beetz, who stepped down from Coty's Board to pursue other interests. JAB is a privately held group that owns and invests in premium brands; it is also Coty's majority shareholder.

March 18, 2013

Beauty company Coty has announced its latest initiative in support of Delete Blood Cancer/DKMS: The Feb. 19, 2013, launch of the organization in the U.K.

WIMBLEDON, England — Beauty company Coty has announced its latest initiative in support of Delete Blood Cancer/DKMS: The Feb. 19, 2013, launch of the organization in the U.K.

February 15, 2013

Coty and Puig S.L., a fashion and fragrance company, have mutually decided not to renew their distribution agreement in North America, which expires June 30. This decision is the end to a six-year partnership.

NEW YORK — Coty and Puig S.L., a fashion and fragrance company, have mutually decided not to renew their distribution agreement in North America, which expires June 30. This decision is the end to a six-year partnership.

January 7, 2013

Bernd Beetz, former CEO of Coty, has been appointed to the board of directors of Archetypes, a personal lifestyle company that was founded on the philosophy of archetypes.

NEW YORK — Bernd Beetz, former CEO of Coty, has been appointed to the board of directors of Archetypes, a personal lifestyle company that was founded on the philosophy of archetypes.

“I am excited to be involved with such an innovative company where content, lifestyle and community truly come together in a personalized way. I’ve seen my fair share of great brands, and I believe in Archetypes’ potential,” Beetz stated.

November 28, 2012

Coty has announced the appointment of Marc Rey as president of Coty Prestige U.S. and regional VP of Coty Prestige North America, starting Jan. 2.

NEW YORK — Coty has announced the appointment of Marc Rey as president of Coty Prestige U.S. and regional VP of Coty Prestige North America, starting Jan. 2.

Among Rey's key responsibilities will be the current U.S. Coty Prestige portfolio, Coty Prestige Canada, Philosophy and Sephora key account responsibility for the Americas. He will report to Jean Mortier, president of Coty Prestige, and will be located in New York.

November 28, 2012

Coty has signed singer, songwriter and entertainer Katy Perry to develop and market her own line of signature fragrances. As part of the project, Coty will also distribute the artist's successful existing fragrance portfolio, comprised of Purr and Meow!, effective immediately.

NEW YORK — Coty has signed singer, songwriter and entertainer Katy Perry to develop and market her own line of signature fragrances. As part of the project, Coty will also distribute the artist's successful existing fragrance portfolio, comprised of Purr and Meow!, effective immediately.

Perry joins Coty's list of brands that include Calvin Klein, Chloe, Marc Jacobs and Playboy, among many others.

September 19, 2012

Beauty company Coty has appointed Jean Mortier as president of its Prestige business, effective immediately.

NEW YORK — Beauty company Coty has appointed Jean Mortier as president of its Prestige business, effective immediately.

Mortier has served as SVP, commercial for Coty since 2005. He succeeds Michele Scannavini, who was named CEO of Coty in July after serving as president of Coty Prestige for 10 years. In his new capacity, Mortier will lead the continued development and growth of the Coty Prestige portfolio, as well as seek new business ventures and collaborations. Based in Paris, he will also serve on Coty's executive committee.

August 14, 2012

Coty has announced the introduction of the new Adidas personal care line for men, which is available exclusively at Walmart.

NEW YORK — Coty has announced the introduction of the new Adidas personal care line for men, which is available exclusively at Walmart.

The Adidas Personal Care for Men Collection is designed to keep up with the modern man’s active lifestyle and is available across four product segments:

Body wash ($3.47): The Adidas Hair & Body 3 provides triple-action results: It cleanses, refreshes and conditions. It is available in three After Sport, Extra Fresh and Active Start scents.

July 25, 2012

Coty CEO Bernd Beetz is retiring from the beauty company, effective Aug. 1, and will be succeeded by Michele Scannavini, who has been president of Coty Prestige for the past decade.

NEW YORK — Coty CEO Bernd Beetz is retiring from the beauty company, effective Aug. 1, and will be succeeded by Michele Scannavini, who has been president of Coty Prestige for the past decade.

Beetz will remain on the Coty board as a nonexecutive director. In this role he will continue to share his experience and contribute to a smooth leadership transition supporting Scannavini.

June 29, 2012

Coty has filed to raise as much as $700 million in an initial public offering.

NEW YORK — Coty has filed to raise as much as $700 million in an initial public offering. The filing with the Securities and Exchange Commission comes about a month after the beauty company dropped its bid for Avon because of Avon’s “delay and unwillingness to engage in discussions.”

In the filing, Coty told the SEC that it intends to list the Class A common stock on either the NASDAQ or the New York Stock Exchange under the symbol “COTY.” Coty did not reveal how many shares it plans to sell or their expected price.

May 17, 2012

Coty has announced the May launch of its new Nautica Aqua Rush fragrance for men.

NEW YORK — Coty has announced the May launch of its new Nautica Aqua Rush fragrance for men.

“Nautica Aqua Rush evokes the energy of an adventurous lifestyle,” said Steve Mormoris, SVP of Coty Beauty global marketing. “This exhilarating new Nautica fragrance celebrates the strength and masculinity of the active man and, ultimately, the epic power of the ocean.”

May 15, 2012

Just days after Coty upped its proposal for Avon, the former has decided to withdraw its offer, citing Avon’s “delay and unwillingness to engage in discussions.”

NEW YORK — Just days after Coty upped its proposal for Avon, the former has decided to withdraw its offer, citing Avon’s “delay and unwillingness to engage in discussions.”

May 14, 2012

Avon Products on Sunday advised Coty that its board of directors, in conjunction with management and the company's financial and legal advisers, is considering Coty’s sweetened bid.

NEW YORK — Avon Products on Sunday advised Coty that its board of directors, in conjunction with management and the company's financial and legal advisers, is considering Coty’s sweetened bid.

Avon's board expects to respond within a week.

May 2, 2012

Beauty company Coty and DKMS, the world's largest bone marrow donor center, jointly raised $3.2 million to support the fight against blood cancer during the recently held DKMS 6th Annual Gala: Linked Against Blood Cancer.

NEW YORK — Beauty company Coty and DKMS, the world's largest bone marrow donor center, jointly raised $3.2 million to support the fight against blood cancer during the recently held DKMS 6th Annual Gala: Linked Against Blood Cancer.

The DKMS 6th Annual Gala: Linked Against Blood Cancer was held in late April at Cipriani Wall Street to a sold-out audience. The gala, hosted by Katharina Harf, chief inspiration officer of DKMS Americas, once again broke records of previous years, raising $3.2 million to support the fight against blood cancer.

April 17, 2012

Two weeks after Avon rejected Coty’s bid to snap up the company in a deal valued at $10 billion, Coty is reaffirming its interest in Avon and is urging Avon shareholders to push for the offer.

NEW YORK — Two weeks after Avon rejected Coty’s bid to snap up the company in a deal valued at $10 billion, Coty is reaffirming its interest in Avon and is urging Avon shareholders to push for the offer.

As previously reported, Coty submitted a nonbinding proposal to acquire Avon for $23.25 per share in cash. The proposal, valued at approximately $10 billion, represents a substantial premium of 27% over the three-month, volume-weighted average price for Avon shares, Coty stated.

April 2, 2012

Coty announced on Monday that it has submitted a nonbinding proposal to acquire Avon in a deal valued at about $10 billion; however, Avon has rejected the unsolicited bid.

NEW YORK — Coty announced on Monday that it has submitted a nonbinding proposal to acquire Avon in a deal valued at about $10 billion; however, Avon has rejected the unsolicited bid.

Coty has submitted a nonbinding proposal to acquire Avon for $23.25 per share in cash. The proposal, valued at approximately $10 billion, represents a substantial premium of 27% over the three-month, volume-weighted average price for Avon shares, Coty stated.

March 21, 2012

Coty has announced that the new Beyoncé Pulse Summer Edition fragrance, the new addition to the Beyoncé Parfums collection, will be on counters this spring.

NEW YORK — Coty has announced that the new Beyoncé Pulse Summer Edition fragrance, the new addition to the Beyoncé Parfums collection, will be on counters this spring.

A lighter and fresher rendition of the original Pulse eau de parfum, Pulse Summer Edition’s orchestra of fruity and floral notes makes it an ideal scent for the warm, joyful, flirty summer months.

January 27, 2012

Coty has unveiled the latest scent in the Halle Berry fragrance portfolio: Reveal the Passion by Halle Berry.

NEW YORK — Coty has unveiled the latest scent in the Halle Berry fragrance portfolio: Reveal the Passion by Halle Berry.

The fragrance is highlighted in Berry's existing scents, including Reveal by Halle Berry, Halle by Halle Berry, and Pure Orchid by Halle Berry.

"I wanted to create a scent that helped empower women to reveal their passionate sides," Berry said. "Nothing makes a woman sexier or more beautiful than the confidence that comes from within."

January 13, 2012

Actress Kristen Stewart will be the face of the newest Balenciaga fragrance for women to be revealed in fall 2012.

PARIS — Actress Kristen Stewart will be the face of the newest Balenciaga fragrance for women to be revealed in fall 2012. Kristen Stewart follows Charlotte Gainsbourg who has represented Balenciaga Paris, the first fragrance, since 2010.

The fragrance is part of the Coty Prestige brand portfolio.

January 4, 2012

Coty’s NYC New York Color brand is introducing in its spring 2012 collection the new Matte Me Crazy and Big City Dazzle Sparkle topcoat for nails.

NEW YORK — Coty’s NYC New York Color brand is introducing in its spring 2012 collection the new Matte Me Crazy and Big City Dazzle Sparkle topcoat for nails.

With the new Matte Me Crazy topcoat, beauty mavens can move from shiny nails to matte for an instant dose of muted modern style by applying a coat of Matte Me Crazy.

Take nails from the office to after-hours with a quick-drying coat of sparkle with the Big City Sparkle topcoat. It can be applied to bare nails for sheer shine effect or layered over a nail color for a bold, eye-catching look.

December 7, 2011

NYC New York Color, a Coty beauty brand, is aiming to amp up the eyes this spring with several new eye products, including its biggest, boldest mascara yet.

NEW YORK — NYC New York Color, a Coty beauty brand, is aiming to amp up the eyes this spring with several new eye products, including its biggest, boldest mascara yet.

When it comes to lashes, more is key, so NYC New York Color has developed the new Big Bold Ultra Volume Mascara. Made with volume technology and hydra-keratin, the mascara is designed to lift lashes and thicken lashes by up to 15 times. The plus-sized brush works to separate and define lashes. It is available in Extreme Black and is priced at $4.99.

December 7, 2011

Sally Hansen, a Coty beauty brand, is looking to make lips oh-so-kissable this spring with its new Moisture Twist 2-in-1 Primer + Color lip care.

NEW YORK — Sally Hansen, a Coty beauty brand, is looking to make lips oh-so-kissable this spring with its new Moisture Twist 2-in-1 Primer  + Color lip care.

This next generation of lip wear features a combination of two formulas and a marbleized complex that locks in color and promises to leave lips up to 30% more moisturized. It is infused with antioxidants and Moroccan Argan oil.

The new Moisture Twist 2-in-1 Primer + Color comes in 10 different shades and is priced at $4.99 each.
 

December 5, 2011

Coty has named New York-based agency Euro RSCG Worldwide PR (@erwwpr) the public relations agency of record for the company's corporate communications business, and will focus on strategic messaging for Coty — specifically, media outreach and global message development.

NEW YORK — Coty has named New York-based agency Euro RSCG Worldwide PR (@erwwpr) the public relations agency of record for the company's corporate communications business, and will focus on strategic messaging for Coty — specifically, media outreach and global message development.

December 5, 2011

Philosophy, which was acquired by the Coty prestige portfolio in 2010, has announced the newest addition to its Miracle Worker collection — the Miracle Worker Miraculous All-Over brightener and dark spot corrector.

PHOENIX — Philosophy, which was acquired by the Coty prestige portfolio in 2010, has announced the newest addition to its Miracle Worker collection — the Miracle Worker Miraculous All-Over brightener and dark spot corrector.

The formula features skin brightening technology designed to visibly improve the appearance of skin discoloration associated with age spots, post-acne scarring and sun damage, as it helps even and brighten skin tone to reveal a more uniform complexion.

November 9, 2011

Coty has announced that Bart Becht, former Reckitt Benckiser CEO, has joined its board as nonexecutive chairman.

NEW YORK — Coty has announced that Bart Becht, former Reckitt Benckiser CEO, has joined its board as nonexecutive chairman.

Becht stepped down as CEO of Reckitt Benckiser, a U.K.-based consumer goods company, in August 2011.