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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]
Rivals Elf Beauty and L'Oreal have also flagged softer growth in the mass beauty market in the United States. "The consumers who buy those products (mass market) tend to be more price conscious.
Younique is an American multi-level marketing company that markets beauty products. [1] The company was founded in 2012 by Derek Maxfield, who is CEO, and Melanie Huscroft, and is headquartered in Lehi, Utah. [2] [3] Between 2017 and 2019, Younique was 60% owned by Coty, Inc. In 2019, Coty sold their share of the business back to Maxfield and ...
Coty's prestige division, home to cosmetics and fragrances from the Calvin Klein and Gucci brands, saw revenue fall 1% due to macroeconomic headwinds. ... as beauty products tend to be a more ...
Max Factor is a line of cosmetics from Coty, founded in 1909 as Max Factor & Company by Maksymilian Faktorowicz. [1]Max Factor specialized in movie make-up. Until its 1973 sale for US$500 million (approximately $3.6 billion in 2017 dollars), Max Factor & Company was owned by several generations of the family, becoming an international company during that time.
Stifel analyst Mark S. Astrachan reiterated a Hold rating on the shares of Coty Inc (NYSE:COTY) and lowered the price forecast from $8.50 to $8. Coty’s second-quarter FY25 results showed a 1% ...
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