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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]
ZoomInfo Technologies Inc., is a software and data company which provides data for companies and business individuals. [ 2 ] [ 3 ] [ 4 ] Their main product is a commercial search-engine , specialized in contact and business information.
Coty’s second-quarter adjusted EPS of $0.22, excluding a -$0.11 loss from the mark-to-market of equity swap changes during the quarter, matched the analyst’s forecast and was a penny above ...
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 purchased a 60% stake in Younique for $600 million in January 2017. [16] This acquisition valued Younique at $1 billion. [17] Younique's founders continue to own 40% of the company. [3] [18] The acquisition increased Coty's profits in 2018, with Younique witnessing double-digit sales growth in its second quarter. [9]
The deal reduces Coty's stake in Wella, Clairol, OPI and ghd to approximately 25.9%. KKR will continue to have a 2.4% ownership stake in Coty on an as-converted basis. [4] On July 18, 2023, Coty agreed to sell an approximate 3.6% stake in Wella to investment firm IGF Wealth Management for US$150 million.
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Rimmel (commonly known as Rimmel London) is a British multinational cosmetics brand, now owned by parent company Coty.The House of Rimmel was founded by French-born British cosmetics entrepreneur Eugène Rimmel in 1834, in Bond Street, London.