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Articles from Coty Inc.

Rimmel Introduces New Wonder’Bond Bonding Serum Mascara: Rimmel’s First Bonding Serum Mascara to Instantly Revitalize Lashes in One Swipe!
Rimmel’s mascara of the future is here… lashes will never be the same again! Step up your lash game with the new Wonder’Bond Bonding Serum Mascara by Rimmel London. Discover Rimmel’s first bonding serum mascara for longer, smoother, healthier-looking lashes with up to 350% more volume. Get instantly revitalized lashes in one swipe!
By Coty Inc. · Via Business Wire · January 6, 2025
Coty Launches Scientific Advisory Board on Skincare Innovation
Coty Inc. (NYSECOTY)(Paris: COTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, proudly announces the launch of its first Scientific Advisory Board, following the inaugural meeting on September 24, 2024.
By Coty Inc. · Via Business Wire · September 24, 2024
Sally Hansen® and Warner Bros. Team Up for a Scary Good Nail Polish Collection to Celebrate the Release of This Fall’s Highly Anticipated Movie “Beetlejuice Beetlejuice”
Coty Inc. (NYSECOTY) -- IT’S SHOWTIME! Sally Hansen® is launching a nail polish collection in partnership with Warner Bros. and the creative team behind “Beetlejuice Beetlejuice,” the hugely anticipated follow-up to the cult classic movie, in theaters September 6, 2024. Introducing the NEW Miracle Gel™ Beetlejuice Beetlejuice collection, a limited-edition range of 8 polishes developed to take your next manicure to the next level…and beyond!
By Coty Inc. · Via Business Wire · August 15, 2024
Sally Hansen Names Duke University Basketball Star Jared McCain as New Brand Ambassador
Coty Inc. (NYSECOTY) – Sally Hansen, leading nail color and care brand, announces its first groundbreaking sports partnership with college basketball sensation Jared McCain. Known for his dynamic presence both on and off the court, McCain's unique style and fearless self-expression have captured the attention of millions, making him the perfect ambassador for Sally Hansen's innovative line of nail products.
By Coty Inc. · Via Business Wire · April 12, 2024
Sally Hansen® Partners With HERSHEY’S KISSES Brand for an Indulgent New Nail Collection Almost Good Enough to Eat
Coty Inc. (NYSECOTY) Sally Hansen® is hopping into Spring with a delicious new partnership. The NEW Sally Hansen® x HERSHEY’S KISSES Limited-Edition collection will give you a perfectly sweet manicure, just in time for Easter!
By Coty Inc. · Via Business Wire · March 4, 2024
Sally Hansen® Celebrates 10 Iconic Years of Miracle Gel™ With a Birthday Collection
This year, Sally Hansen Miracle Gel™ polish celebrates its 10th anniversary with the launch of a special Miracle Gel™ Birthday collection, including a shade in the standout Sally Hansen orange!
By Coty Inc. · Via Business Wire · February 6, 2024
Sally Hansen® Launches Nail Art Decals to Customize Your Mani & Expands the Salon Effects® Franchise
For the first time ever, Sally Hansen is launching their first wearable accessories collection, Salon Effects® Nail Accents, where consumers can experiment with their nail looks for fun nail art decals without the commitment. Sally Hansen is also expanding the Salon Effects® Perfect Manicure collection with 6 new shades.
By Coty Inc. · Via Business Wire · January 2, 2024
Sally Hansen® and DreamWorks Animation Partner for a Joy-Bomb Nail Polish Collection Inspired by the New DreamWorks Film Trolls Band Together (In Theaters Nov. 17)
Coty Inc. (NYSECOTY) Sally Hansen® is overjoyed to announce a dazzling new collection in partnership with the newest chapter of DreamWorks Animation’s blockbuster musical franchise, Trolls Band Together. Get ready for this action-packed, all-star, rainbow-colored family reunion with the new Sally Hansen® Insta-Dri® x Trolls limited-edition collection, launching just ahead of the film’s November 17th release.
By Coty Inc. · Via Business Wire · September 1, 2023
Sally Hansen® Debuts a Playful Limited-Edition Sesame Street Collection Inspired by the Iconic Characters
Sally Hansen® is bringing a whole new level of adorable to your next manicure with the new limited-edition Sally Hansen x Sesame Street® Collection.
By Coty Inc. · Via Business Wire · July 17, 2023
Sally Hansen® Is Back With Another Limited-Edition Collection in Partnership With Peeps®
Coty Inc. (NYSECOTY) Sally Hansen® is once again teaming up with the iconic PEEPS® Brand to bring a limited-edition collection inspired by everyone’s favorite marshmallow treat. The new Sally Hansen Insta-Dri® X PEEPS® Collection will allow fans to express their PEEPSONALITY® with seven shades that feature an all new “sugar texture” for a finish that feels exactly like a sugar-coated PEEPS® Marshmallow treat.
By Coty Inc. · Via Business Wire · March 1, 2023
Sally Hansen Is Proud to Celebrate Spirit Day 2022 and “Go Purple” With Empire State Building Lighting Ceremony Hosted by Drag Star Jujubee
Coty Inc. (NYSECOTY)-- Sally Hansen is proud to announce its ongoing partnership with GLAAD as a sponsor of Spirit Day 2022, which is celebrated today, Thursday, October 20th. Sally Hansen is honored to take part in furthering GLAAD’s mission to accelerate acceptance for the LGBTQ community through their 2nd year sponsorship of Spirit Day, the world’s largest and most visible anti-bullying campaign for the LGBTQ community.
By Coty Inc. · Via Business Wire · October 20, 2022
Coty Sets Out Comprehensive Strategy to Double Skincare Sales by FY25
Coty Inc. (NYSECOTY) (“Coty” or “the Company”), one of the world’s leading beauty companies, today will host an in-person Investor Event at Coty’s Monaco skincare R&D and manufacturing facility. Monaco is also the manufacturing center of excellence for Coty’s flagship Lancaster skincare brand. The main presentations will be webcast live starting at approximately 2:00 P.M. CET or 8:00 A.M. EST for around 90 minutes.
By Coty Inc. · Via Business Wire · September 21, 2022
Coty Ends FY22 With Double-Digit Sales And Profit Growth Ahead of Guidance
Coty Inc. (NYSECOTY) ("Coty" or "the Company") today announced its results for the fourth quarter of fiscal year 2022, ended June 30, 2022. The Company delivered its eighth consecutive quarter of results in-line to ahead of expectations, while also continuing to progress across each of its strategic growth pillars.
By Coty Inc. · Via Business Wire · August 25, 2022
Coty to Host 2022 Skincare Strategy Update
Coty Inc. (NYSECOTY) (“Coty” or “the Company”), one of the world’s leading beauty companies, announced today that it will host an investor event on Wednesday, September 21, 2022. It will focus on Coty’s emerging and multi-brand skincare business, a key pillar in the Company’s growth strategy.
By Coty Inc. · Via Business Wire · August 22, 2022
Coty Reaffirms Sales and Profit Guidance for Fiscal 2022
In conjunction with its presentation and discussions tomorrow June 14th at the Deutsche Bank dbAccess Global Consumer Conference 2022, Coty Inc. (NYSECOTY) reaffirms its outlook for both 4Q22 and FY22. The Company continues to expect low double digits LFL sales growth in 4Q22, with FY22 LFL sales growth at the upper end of its guidance range of low-to-mid teens. Adjusted EBITDA is expected to be $900M in FY22. Adjusted EPS is on-track to be $0.23-$0.27 for FY22.
By Coty Inc. · Via Business Wire · June 13, 2022
Coty Announces its Intention to Gradually Recommence Shareholder Returns Alongside Expected Capital Structure Improvement
Coty Inc. (NYSECOTY) 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.
By Coty Inc. · Via Business Wire · June 10, 2022
Celebrate Popular 90’s Sitcom With Sally Hansen’s® Limited Edition Miracle Gel™ X Friends™ Collection
Inspired by the hit TV show Friends™, Sally Hansen™, in partnership with Warner Bros. Consumer Products, launches a limited-edition collection celebrating the top moments from the show. Introducing the Sally Hansen® Miracle Gel™ X Friends™ Collection featuring a variety of shimmer, pearlescent, crème, and glitter shades worthy of making Friends™ fanatics clap with joy.
By Coty Inc. · Via Business Wire · May 13, 2022
Coty Reports 3Q22 Sales Growth Ahead of Expectations and Progress Across All Metrics
Coty Inc. (NYSECOTY) ("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.
By Coty Inc. · Via Business Wire · May 9, 2022
Coty Announces Timing and Availability of its Third Quarter Fiscal 2022 Financial Results
Coty Inc. (NYSECOTY) today announced that it will issue its third quarter fiscal 2022 financial results and other related information on Monday, May 9, 2022 by posting the following materials and links on the company's website at https://investors.coty.com.
By Coty Inc. · Via Business Wire · April 21, 2022
Sally Hansen Introduces Next Gen Virtual Try-On With Perfect Corp. AgileHand® Technology
Coty Inc. (NYSECOTY) – 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.
By Coty Inc. · Via Business Wire · February 8, 2022
Coty Reports Strong 2Q22 Across All Metrics, With Significant Momentum Into 3Q22
Coty Inc. (NYSECOTY) ("Coty" or "the Company") today announced its results for the second quarter of fiscal year 2022, ended December 31, 2021. The results represented another quarter of solid financial improvement and continued strong delivery across its strategic growth pillars.
By Coty Inc. · Via Business Wire · February 8, 2022
Coty Starts Production of First Globally Distributed Fragrances Made Using Carbon-Captured Ethanol
Coty Inc. (NYSECOTY) (“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.
By Coty Inc. · Via Business Wire · February 1, 2022
Coty Inc. Prices $500 Million of Senior Secured Notes
Coty Inc. (NYSECOTY) (“Coty”) today announced the pricing of $500 million of 4.750% senior secured notes due 2029 (the “Notes”) issued by Coty and its wholly-owned subsidiaries, HFC Prestige Products, Inc. and HFC Prestige International U.S. LLC (the “Co-Issuers” and collectively with Coty, the “Issuers”). Coty will receive gross proceeds of $500 million in connection with the offering of the Notes. The offering is expected to close on November 30, 2021, subject to customary closing conditions.
By Coty Inc. · Via Business Wire · November 22, 2021
Coty Inc. to Offer Senior Secured Notes
Coty Inc. (NYSECOTY) (“Coty”) today announced that it, together with its wholly-owned subsidiaries, HFC Prestige Products, Inc. and HFC Prestige International U.S. LLC (the “Co-Issuers” and collectively with Coty, the “Issuers”), intend to offer, in a private transaction, up to $500 million aggregate principal amount of senior secured notes (the “Notes”), subject to market and customary conditions. The interest rates and other key terms of the offering will be determined at the time of pricing.
By Coty Inc. · Via Business Wire · November 22, 2021
COVERGIRL Introduces America Ferrera as New Brand Ambassador
America Ferrera is now a COVERGIRL. As a boundary-breaker and role-model, America is best known for her starring role on hit TV shows “Ugly Betty” and “Superstore”. She embodies a simple and fresh-faced approach to beauty and promotes a philosophy of embracing your natural beauty, regardless of social or cultural standards. She is therefore, the perfect fit for COVERGIRL, which has always partnered with talent who are authentic about their individual beauty and have a story to tell.
By Coty Inc. · Via Business Wire · November 18, 2021
Coty Adds Ultra Premium Skincare Brand Orveda to Prestige Portfolio
Coty Inc. (NYSECOTY) announced today that it has entered into a licensing agreement with Orveda, an ultra-premium skincare brand made in France. The diversity-owned haute-professional skincare combines the best of nature with cutting-edge biotechnology and dermatological benefits to help consumers achieve a healthy skin glow that rivals makeup.
By Coty Inc. · Via Business Wire · November 18, 2021
Coty Outlines Long-Term Growth Plan and Reclaims Position as a True Beauty Powerhouse
Coty Inc. (NYSECOTY) ("Coty" or "the Company"), one of the world’s leading beauty companies and global leader in fragrance, today will host an Investor Day at the New York Stock Exchange. At the event, Coty will provide an update on the significant progress made on the Company’s six strategic pillars, elaborate on key upcoming operational milestones, report on its comprehensive transformation “All-In To Win” program, and announce its financial goals through FY25 and beyond.
By Coty Inc. · Via Business Wire · November 18, 2021
Coty Names Dr. Shimei Fan as Chief Scientific Officer
Coty, Inc. (NYSECOTY) 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.
By Coty Inc. · Via Business Wire · November 16, 2021
Coty Further Improves Capital Structure, with KKR Converting the Remainder of Their Convertible Preferred Shares into Common
Coty Inc. (NYSECOTY) ("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. Following the completion of the transaction, Coty’s convertible preferred share balance totals approximately $146 million, or the equivalent of approximately 23 million common shares, held by Coty’s Chairman of the Board Peter Harf.
By Coty Inc. · Via Business Wire · November 10, 2021
Coty Builds on Previous Transaction and Agrees to Sell Additional Partial Stake in Wella to KKR in Exchange for Approximately 56% of the Preferred Coty Shares Owned by KKR
Coty Inc. (NYSECOTY) ("Coty" or "the Company") today announced a definitive agreement to sell an approximate 4.7% stake in Wella to KKR in exchange for the redemption of approximately 56% of KKR’s remaining convertible preferred shares in Coty. This transaction reduces Coty’s total shareholding in the professional beauty company to approximately 25.9%. The structure and terms of the transaction are consistent with the previous transaction announced on October 1, 2021 in which Coty agreed to exchange a 9% stake in Wella for the equivalent of approximately 47 million shares of the Company’s common stock. Both transactions reflect an approximately 50% appreciation in Wella’s equity value since the closing of Coty’s 60% sale of Wella to KKR in December 2020, coinciding with the re-opening of global hair salons and the positive momentum in the Wella business.
By Coty Inc. · Via Business Wire · November 8, 2021
Coty Delivers Strong 1Q22 Results, Well Ahead of Expectations
Coty Inc. (NYSECOTY) ("Coty" or "the Company") today announced another quarter of improvement in its financial results and further progress across each of its strategic growth pillars for the first quarter of fiscal year 2022, ended September 30, 2021.
By Coty Inc. · Via Business Wire · November 8, 2021
Coty to Host 2021 Investor Day in New York
Coty Inc. (NYSECOTY) (“Coty” or “the Company”), one of the world’s leading beauty companies and the global leader in fragrance, announced today that it will host its Investor Day on Thursday, November 18, 2021, beginning at 8:30 a.m. ET. The main presentations will be webcast, ending at approximately 12:00 p.m. ET.
By Coty Inc. · Via Business Wire · October 21, 2021
Coty Agrees to Sell Partial Stake in Wella to KKR at a 50% Valuation Premium Versus Initial Wella Sale in Exchange for Approximately Half of the Preferred Coty Shares Owned by KKR
Coty Inc. (NYSECOTY) ("Coty" or "the Company") today announced a definitive agreement to sell an approximate 9% stake in Wella to KKR in exchange for the redemption of approximately half of KKR’s remaining convertible preferred shares in Coty, reducing its total shareholding in the professional beauty company to approximately 30.6%. The transaction reflects a 50% appreciation in Wella’s value since the closing of Coty’s 60% sale of Wella to KKR in December 2020, coinciding with the re-opening of global hair salons and the positive momentum in the Wella business.
By Coty Inc. · Via Business Wire · October 1, 2021
Coty Inc. Announces Pricing of Secondary Offering of Class A Common Stock by KKR
Coty Inc. (NYSECOTY) (“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. Shares of Class A common stock sold in the offering will be initially issued to KKR upon conversion of 285,576 shares of Coty’s Series B Convertible Preferred Stock held by KKR. Upon completion of the offering, KKR will retain 568,367 shares of Coty’s Series B Convertible Preferred Stock representing approximately 10.9% of Coty’s outstanding Class A common stock on an as-converted basis. The offering is expected to close on September 10, 2021, subject to customary closing conditions.
By Coty Inc. · Via Business Wire · September 8, 2021
Coty Inc. Announces Proposed Secondary Offering of Class A Common Stock by KKR
Coty Inc. (NYSECOTY) (“Coty”) today announced the commencement of a registered public secondary offering of 50,000,000 shares of Coty’s outstanding Class A common stock. All of the shares of Class A common stock sold in the offering will be sold by KKR Rainbow Aggregator L.P.
By Coty Inc. · Via Business Wire · September 7, 2021
Coty Continues Momentum in Q4, with Topline and Profit Exceeding Guidance
Coty Inc. (NYSECOTY) ("Coty" or "the Company") today announced another quarter of improvement in its financial results and demonstrated recovery across its operations for the fourth quarter of fiscal year 2021, ended June 30, 2021.
By Coty Inc. · Via Business Wire · August 26, 2021
Coty Appoints Constantin Sklavenitis as New Chief Prestige Brands Officer
Coty Inc. (NYSECOTY), one of the world’s leading beauty companies and the global leader in fragrances, today announced the appointment of Constantin Sklavenitis to the role of Chief Prestige Brands Officer. Sklavenitis will take up the role on September 6.
By Coty Inc. · Via Business Wire · July 22, 2021
Coty Announces the Relaunch of Kylie Cosmetics With New and Improved Clean and Vegan Formulas
Coty Inc. (NYSECOTY) announces the relaunch of Kylie Cosmetics with new and improved formulas that are clean and vegan, along with refreshed packaging. Consumers will now be able to shop the brand globally through select brick and mortar retailers and a new Direct-to-Consumer website launching July 15 that offers access to both Kylie's cosmetics and skincare brands for the first time.
By Coty Inc. · Via Business Wire · July 1, 2021
Richard Jones to Leave Coty
Coty Inc. (NYSECOTY), one of the world’s leading beauty companies and the global leader in fragrances, today announced that Richard Jones is stepping down from his role as Chief Supply Officer and Head of R&D. Jones, who joined Coty in 2019, will remain with Coty until June 30.
By Coty Inc. · Via Business Wire · June 25, 2021
Coty Inc. Prices €700 Million of Senior Secured Notes
Coty Inc. (NYSECOTY) (“Coty”) today announced the pricing of €700 million of 3.875% senior secured notes due 2026 (the “Notes”) (representing an upsize from the previously announced €500 million). Coty will receive gross proceeds of €700 million in connection with the offering of the Notes. The offering is expected to close on June 16, 2021, subject to customary closing conditions.
By Coty Inc. · Via Business Wire · June 9, 2021
Coty Inc. to Offer Senior Secured Notes
Coty Inc. (NYSECOTY) (“Coty”) today announced its intention to offer, in a private transaction, up to €500 million aggregate principal amount of senior secured notes (the “Notes”), subject to market and customary conditions. The interest rates and other key terms of the offering will be determined at the time of pricing.
By Coty Inc. · Via Business Wire · June 7, 2021
Coty Inc. Amends Existing Credit Agreement
Coty Inc. (NYSECOTY) today announced it has amended its existing credit agreement to, among other things, effectively extend the maturity of a portion of its existing revolving loan commitments. The amendment creates a new class of revolving loan commitments in an aggregate principal amount of $700.0 million, which commitments will mature in April 2025. The effectiveness of such new class of commitments is conditioned upon customary closing conditions, including a reduction of existing revolving loan commitments under Coty's existing credit agreement in an amount no less than $700.0 million on or prior to September 30, 2021.
By Coty Inc. · Via Business Wire · June 7, 2021
Coty Announces Andrew Stanleick Is Appointed CEO of Kylie Jenner Beauty Brands
Coty Inc. (NYSECOTY), one of the world’s leading beauty companies and the global leader in fragrances, today announced the promotion of Andrew Stanleick to Chief Executive Officer (CEO) for the beauty business created by Kylie Jenner. In addition, Stanleick will also manage Kim Kardashian West’s business for Coty with a focus for both brands on driving global expansion and entry into new beauty categories. Both businesses are part of Coty’s prestige brands.
By Coty Inc. · Via Business Wire · May 26, 2021
Coty Announces Simona Cattaneo to Step Down
Coty Inc. (NYSECOTY), one of the world’s leading beauty companies and the global leader in fragrances, today announced that Simona Cattaneo is to step down from her role as President, Luxury Brands, after five years at Coty. Cattaneo will remain with the company until Summer 2021. Her successor will be announced in due course.
By Coty Inc. · Via Business Wire · May 21, 2021
Coty Profit Momentum Continues in Q3, Delivering Early Results Across Brand Portfolio
Coty Inc. (NYSECOTY) ("Coty" or "the Company") today announced continued improvement in its financial results and early evidence of recovery across its operations for the third quarter of fiscal year 2021, ended March 31, 2021.
By Coty Inc. · Via Business Wire · May 10, 2021
Coty Unveils Growth Acceleration Strategy at Investor Update Event
Coty Inc. (NYSECOTY), one of the world’s leading beauty companies and the global leader in fragrance, today unveiled its long-term strategy, underpinned by six priorities for sustainable growth. These initiatives build on the actions taken by Coty over the past year that have accelerated its shift to sustainable and profitable growth, with greater cost controls and a more competitive market position.
By Coty Inc. · Via Business Wire · April 23, 2021
Coty Lands Industry First With Sustainability Certificate for Lancaster Sun Care Products
Coty Inc. (NYSECOTY), one of the world’s leading beauty companies and the global leader in fragrances, today announced that Lancaster has become the first ever sun care brand awarded the prestigious C2C Certified Material Health Certificate at the Silver level from the Cradle to Cradle Products Innovation Institute.
By Coty Inc. · Via Business Wire · April 21, 2021
Coty Inc. Prices $900 Million of Senior Secured Notes
Coty Inc. (NYSECOTY) (“Coty”) today announced the pricing of $900 million of 5.000% senior secured notes due 2026 (the “Notes”) (representing an upsize from the previously announced $750 million). Coty will receive gross proceeds of $900 million in connection with the offering of the Notes. The offering is expected to close on April 21, 2021, subject to customary closing conditions.
By Coty Inc. · Via Business Wire · April 16, 2021
Coty Inc. to Offer Senior Secured Notes
Coty Inc. (NYSECOTY) (“Coty”) today announced its intention to offer, in a private transaction, up to $750 million aggregate principal amount of senior secured notes (the “Notes”), subject to market and customary conditions. The interest rates and other key terms of the offering will be determined at the time of pricing.
By Coty Inc. · Via Business Wire · April 15, 2021