De Beers Makes Sweeping Cuts to Its Elite Diamond-Buying Club
The diamond company produced less than 22 million carats last year, down from almost 35 million in 2022.
coty-inc
Latest News & Analysis
Beauty
Kim Kardashian’s Collaboration With Coty Cosmetics Hits Legal Snag
Kim Kardashian West’s partner for her beauty line won a court order temporarily blocking the reality TV star from sharing trade secrets in their agreement as she pursues a stake sale to rival Coty Inc.
Kim Kardashian’s Collaboration With Coty Cosmetics Hits Legal Snag
Kim Kardashian West’s partner for her beauty line won a court order temporarily blocking the reality TV star from sharing trade secrets in their agreement as she pursues a stake sale to rival Coty Inc.
Beauty
The Beauty Industry Joins the Corporate Reckoning on Race
Run largely by white executives, companies like LVMH, Coty and Estée Lauder preside over a vital facet of culture: ideal female beauty.
The Beauty Industry Joins the Corporate Reckoning on Race
Run largely by white executives, companies like LVMH, Coty and Estée Lauder preside over a vital facet of culture: ideal female beauty.
Beauty
Can Coty Win the Clean Beauty Arms Race?
The beauty conglomerate, which just purchased a 51 percent stake in Kylie Cosmetics, wants big brands like Calvin Klein and CoverGirl to join the “clean” beauty movement.
Can Coty Win the Clean Beauty Arms Race?
The beauty conglomerate, which just purchased a 51 percent stake in Kylie Cosmetics, wants big brands like Calvin Klein and CoverGirl to join the “clean” beauty movement.
Beauty
Coty's Sales Beat Wall Street Expectations
The cosmetics company's net revenue fell to $2.35 billion, surpassing analysts' estimates amid its turnaround attempt.
Coty's Sales Beat Wall Street Expectations
The cosmetics company's net revenue fell to $2.35 billion, surpassing analysts' estimates amid its turnaround attempt.
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Beauty
5 Beauty Trends That Will Define 2020
From waterless beauty to TikTok, here are the biggest trends to look out for this year.
5 Beauty Trends That Will Define 2020
From waterless beauty to TikTok, here are the biggest trends to look out for this year.
Beauty
From Kylie to Drunk Elephant, What the Beauty Industry Can Learn From the Year's Blockbuster Deals
This week's acquisitions by Coty and Estée Lauder have insiders wondering what's next — and which brands will attract investors in 2020.
From Kylie to Drunk Elephant, What the Beauty Industry Can Learn From the Year's Blockbuster Deals
This week's acquisitions by Coty and Estée Lauder have insiders wondering what's next — and which brands will attract investors in 2020.
Beauty
Unilever and Henkel Among Expected Bidders for Coty's $7 Billion Professional Brand Portfolio
Consumer goods companies and private equity firms are set to enter a bidding war for Coty's pro brands, including Wella and OPI.
Unilever and Henkel Among Expected Bidders for Coty's $7 Billion Professional Brand Portfolio
Consumer goods companies and private equity firms are set to enter a bidding war for Coty's pro brands, including Wella and OPI.
Workplace & Talent
Power Moves | MAC Cosmetics Names Marketing Lead, Tiffany Hires Ex-CEO of Barneys
This week, MAC taps a Coty marketing executive as part of its turnaround, while Daniella Vitale joins Tiffany as its first chief brand officer.
Power Moves | MAC Cosmetics Names Marketing Lead, Tiffany Hires Ex-CEO of Barneys
This week, MAC taps a Coty marketing executive as part of its turnaround, while Daniella Vitale joins Tiffany as its first chief brand officer.
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Beauty
A Little-Known Adviser Led the Kylie Jenner-Coty Deal
The firm provides 'millennial insight with the sage advice of industry experts.'
A Little-Known Adviser Led the Kylie Jenner-Coty Deal
The firm provides 'millennial insight with the sage advice of industry experts.'
Beauty
Why Coty Bought a Majority Stake in Kylie Jenner’s Kylie Cosmetics
Jenner is selling a 51 percent stake of her Kylie Cosmetics line, the latest instance of a beauty conglomerate paying big bucks for a brand that appeals to younger customers.
Why Coty Bought a Majority Stake in Kylie Jenner’s Kylie Cosmetics
Jenner is selling a 51 percent stake of her Kylie Cosmetics line, the latest instance of a beauty conglomerate paying big bucks for a brand that appeals to younger customers.
Beauty
Coty Revenue Misses Wall Street Expectations
The cosmetics company reported a 9.7 percent decrease in revenue following a drop in demand for makeup products and the rise of minimalistic looks.
Coty Revenue Misses Wall Street Expectations
The cosmetics company reported a 9.7 percent decrease in revenue following a drop in demand for makeup products and the rise of minimalistic looks.
Beauty
Coty to Take $3 Billion Writedown as It Plots Turnaround Plan
The cosmetics company hopes to revive margins and better keep up with its rivals by streamlining management and trimming down product lines.
Coty to Take $3 Billion Writedown as It Plots Turnaround Plan
The cosmetics company hopes to revive margins and better keep up with its rivals by streamlining management and trimming down product lines.
The News in Brief
L’Oréal India in Talks to Acquire Beauty Company Innovist
L’Oréal is in advanced talks to acquire a majority stake in Bare Anatomy parent Innovist sources told The Economic Times India.
Zegna Chairman Says War Has Clouded Visibility of Demand in Middle East
The Italian fashion house cautioned the war is reducing visibility on demand in the Middle East, which accounts for 7 percent of its sales, though all stores are currently open in the region.
Glossier Appoints New CMO
Nicole Solorzano, who joins from Ouai, is the Millennial beauty brand’s latest hire.
Macy’s CEO Points to E-Shaped Economy, Signalling Consumer Shift
The mention of a forked economy by the head of America’s largest department store signals a heightened wariness that middle-income Americans will continue to spend at the same pace.
France’s Bid to Suspend Shein’s Marketplace Rejected by Appeals Court
The decision from Paris’ Court of Appeal marked a win for the fast-fashion giant after a scandal over sex dolls resembling children for sale on its site.
Coty Announces Board Revamp
The embattled Covergirl owner has appointed five new independent directors amidst a wider leadership and company shakeup.
Zimmermann Names Roberto Eggs CEO
The Moncler Group executive will succeed longtime CEO Chris Olliver, who is staying on as executive chairman.