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Coty is one of the world's largest beauty companies and the largest fragrance company, [4] [5] with $5.3 billion in revenue for the fiscal year 2022. [6] Coty acquired 41 beauty brands from Procter & Gamble in 2016, [7] becoming the global leader in fragrance, the second largest company for hair color and styling products, [8] and the third largest company for color cosmetics. [9]
The Prestige segment, accounting for roughly 67% of Coty’s sales, was bolstered by growth in prestige fragrances, but was partially offset by declines in prestige cosmetics. Coty’s adjusted ...
Coty's quarterly net revenue fell 3.34% to $1.67 billion, its first drop in eight quarters, missed analyst estimates of $1.72 billion, according to data compiled by LSEG.
COTY is benefiting from its focus on six strategic pillars aimed at sustainable growth. Management is on track to mitigate the impact of inflation via cost savings.
In December 2016, Prestige Brands Holdings, Inc. agreed to buy C.B. Fleet Co. from private-equity firm Gryphon Investors for about $825 million. [10] In July 2021, consumer health business assets were acquired from Akorn Operating Company, LLC for $228.9 million adding TheraTears and other products to their brands. [1]: 33
Coty Inc. has posted significant sales gains across categories for the most recent quarter, lapping declines earlier in the pandemic. For the quarter ended Sept. 30, Coty posted net sales of $1.37 ...
Oxydol sold to Redox Brands in 2000; Oxydol was P&G's first popular laundry soap, then later became a laundry detergent after Tide was introduced in 1946. Perla laundry bar soap (Philippines), sold to SCPG Asia-Pacific Inc. in 2016; Pert Plus was sold to Innovative Brands, LLC in July 2006. Prell shampoo sold to Prestige Brands International in ...
Coty CEO Sue Nabi talks to ELLE.com about the company's science-rich fragrance innovation and 120-year history. ... In line with the milestone, two of Coty’s most beloved brands, Chloé and Boss ...