coty inc
Kylie Jenner looks to buy back cosmetics line from Coty despite $600M sale: report
August 31, 2023 | 4:12pmJenner has had informal talks in recent months about attempting to re-acquire a 51% stake in Kylie Cosmetics.
CEO accuses dictionary publishers of 'sexism,' 'ageism' in definitions of 'beauty'
January 30, 2023 | 11:30am“Seen through the lens of today’s society and values, the definition of beauty hasn’t aged well."
Coty posts surprise profit as demand for beauty products recovers
November 6, 2020 | 12:19pmCoty posted a surprise quarterly profit on Friday as demand for its beauty products and fragrances recovered from lockdown lows and the cosmetics maker kept a tight lid on costs,...
Coty posts bigger-than-expected loss as lockdown dents beauty business
August 27, 2020 | 5:43pmCosmetics maker Coty on Thursday posted a bigger-than-expected quarterly loss and a 56 percent slump in sales, as the coronavirus-induced closure of stores and parlors hammered demand for its beauty...
Coty changes CEO again, hires former L'Oreal executive
July 2, 2020 | 1:10pmCoty on Thursday named former L’Oreal executive Sue Nabi as chief executive officer, the cosmetics maker’s fifth since its multibillion-dollar deal with Procter & Gamble nearly five years ago. The...
Sorry, Kylie: Mega-deal could make Kim the family's first actual billionaire
June 29, 2020 | 4:27pmKim Kardashian West may soon be the real billionaire in the Kardashian-Jenner family. After inking a $200 million deal with Coty for a 20 percent stake in her beauty business...
Coty pays $200M for 20% stake in Kim Kardashian's company
June 29, 2020 | 10:09amCosmetics giant Coty Inc. is doubling down on its investment in the Kardashian-Jenner clan. Shares of the Big Apple company jumped by more than 14 percent in early trading on...
Coty names Simona Cattaneo head of Kylie Cosmetics
June 3, 2020 | 5:45pmCoty has tapped a new head of Kylie Cosmetics in the wake of explosive allegations that the unit’s 22-year-old founder, Kylie Jenner, has been lying about her sales in a...
Kim Kardashian is in talks with Coty about a new cosmetics line
June 3, 2020 | 10:34amThe cosmetics giant is in talks with Kim Kardashian West to collaborate on “certain beauty products,” the company revealed in a securities filing on Tuesday.
Coty shakes off Kylie Jenner problem, surges 20 percent after KKR buys stake
June 1, 2020 | 12:38pmThat was one quick makeover. After getting dinged last week for its ties to Kylie Jenner, beauty products seller Coty announced a $1 billion investment and a management shake-up —...
Coty stock dives on report Kylie Jenner fabricated taxes
May 29, 2020 | 10:59pmKylie Jenner is no billionaire — and that’s bad news for Coty, the beauty company that bought a controlling stake in her makeup business last year. Shares of Coty tanked...
Beauty products maker inks $12B deal for Procter & Gamble brands
July 9, 2015 | 9:52pmNew York City-based Coty is buying Procter & Gamble’s beauty assets for more than $12 billion to bolster sagging nail color sales. Coty on Thursday announced it was buying 48...
Coty Inc.'s owners mimicking moves of 3G Capital
June 16, 2015 | 10:44pmThe European owners of New York City-based Coty are starting to resemble 3G Capital, the Brazilian private-equity giant that builds its companies through massive acquisitions before unleashing massive cuts. JAB...
Coty Inc. acquires beauty product lines from P&G for $12B
June 15, 2015 | 5:38pmCoty Inc., the beauty products and fragrance manufacturer, has won an auction to purchase two related businesses from Procter & Gamble, The Post has learned. Coty, whose stable of products...