Articles from Coty

Regulatory News:

Coty (NYSECOTY) (Paris: COTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, has joined forces with world-renowned crystal house Swarovski to announce an agreement for a long-term beauty license, with the opportunity to develop, produce and distribute a new vision of fragrances.

Coty Inc. (NYSECOTY) (Paris:COTY) (“Coty” or the “Company”) announced today the early results of its previously announced tender offer to purchase for cash up to $300,000,000 aggregate principal amount (the “Notes Cap”) (reflecting a $50,000,000 increase from the previously announced cap of $250,000,000) of its outstanding 5.000% Senior Secured Notes due 2026 (the “Notes”). Such offer to purchase is referred to herein as the “Tender Offer.” The Tender Offer is being made pursuant to the terms and conditions set forth in the Offer to Purchase, dated November 6, 2024 (the “Offer to Purchase”). The Company refers investors to the Offer to Purchase for the complete terms and conditions of the Tender Offer.

Regulatory News:

Regulatory News:

Always true to himself and his beliefs, David Beckham is committed to following his intuition and acting on his instinct. His authenticity and self-confidence are the inspiration behind his enduringly successful fragrance line Instinct, which now has a striking new look, a new format and a new addition: True Instinct.

Today, Coty (NYSECOTY) releases its FY24 Sustainability Report, showcasing its significant progress across environmental goals, reaffirming its commitment to a more sustainable beauty industry, and exceeding certain key targets set for 2030 well ahead of schedule. As the beauty powerhouse celebrates its 120th year, Coty continues to advance sustainability in the industry, with bold commitments that reinforce its Beauty that Lasts strategy.

Regulatory News:

Coty Inc. (NYSECOTY)(Paris:COTY) – one of the world’s largest beauty companies with a portfolio of iconic brands in fragrance, color cosmetics, skin and body care – is celebrating its 120th anniversary with an exclusive three-day fragrance event in the heart of Paris, the very city where the company was founded in 1904. "Coty: A Fragrance Disruptor since 1904” is a unique multi-sensory experience that will take guests, partners and friends of the house on an immersive journey through the company's rich heritage and unveil its bold vision for the future of fragrance. As a pioneer that revolutionized the world of perfumery in the early 20th century, Coty continues to redefine the future of fragrance through ambitious new technology and expertise.

Orveda, the award-winning French biotech skincare brand, is delighted to announce the opening of its first flagship boutique in the United States, La Maison Orveda New York City. This new Upper East Side location will serve as a hub, where luxury and art blend seamlessly, offering guests an exclusive immersion into the Orveda universe.

JOVAN, the brand that has always been about attraction and freedom, is re-introducing itself with a new fragrance collection designed for a younger generation. The JOVAN Musk Fragrance Collection features three dual-gender scents embracing their musk legacy in a modern and utterly captivating way.

Regulatory News:

Calvin Klein, Inc., part of PVH Corp. [NYSE: PVH], and Calvin Klein Fragrances, a division of Coty Inc. [NYSE: COTY], today launch CK One Essence, an intensified, premium take on the iconic original scent that introduces a bold addition to the CK One fragrance portfolio. Launched 30 years after the introduction of the original CK One, the new CK One Essence pays homage to the original fragrance’s olfactive DNA and celebrates its cultural legacy, reaffirming its evolution from a groundbreaking fragrance in the ‘90s to a new icon for a new era.

Coty Inc. (NYSECOTY) (Paris: COTY), one of the world’s largest beauty companies, announced that its company executives will present at upcoming investor events.

Regulatory News:

Regulatory News:

Coty Inc. (NYSECOTY) (Paris:COTY) ("Coty" or "the Company") today announced its results for the third quarter of fiscal year 2024, ended March 31, 2024. The Company's strong above-market sales growth, reported and adjusted operating income growth, and reported and adjusted gross and operating margin expansion in Q3 solidifies nearly four years of Coty reporting results in-line to ahead of expectations.

Coty (NYSECOTY) (Paris: COTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, has won this year’s Euronext Best Listing Award in the Large Cap category, at the 12th edition of the Euronext Annual Conference held on March 19, 2024 in Paris.

Calvin Klein, Inc., a wholly owned subsidiary of PVH Corp. (NYSEPVH), and Calvin Klein Fragrances, a division of Coty Inc. NYSE: COTYNYSECOTY)

Today, Coty (NYSECOTY) (Paris: COTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, is pleased to announce that it has completed the repurchase of 27 million shares at an attractive price relative to current market price as part of its share buyback program, announced on June 10th, 2022.

Coty (NYSECOTY) (Paris: COTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, is pleased to confirm that Chief Executive Officer Sue Nabi and Chief Financial Officer Laurent Mercier will present at the 2024 Consumer Analyst Group of New York Conference (CAGNY) on Tuesday, February 20 at 1:00pm EST or 7:00pm CET.

Today, Coty Inc. (NYSECOTY) (Paris: COTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, announces that it has signed a new agreement with luxury Italian fashion house, Etro, to produce and distribute its signature fragrance lines and home scent collections beyond 2040. Coty and Etro will work together to explore new categories and innovations to grow the brand’s beauty portfolio.

Regulatory News:

Today, Coty (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, and Marni, the Italian luxury fashion brand renowned for its artistic collections, announce a new licensing agreement to develop, produce, and distribute a line of fragrances and beauty products beyond 2040.

Today, Coty Inc. (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, is pleased to announce the renewal of their license agreement with Mexx. The partnership, which began in 2016, has been extended for more than 25 years, encompassing all Mexx fragrances and colognes.

Today, Coty Inc. (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, is pleased to announce that it has renewed its license agreement with bruno banani for over twenty years.

Coty Inc. (NYSECOTY), one of the world’s largest beauty companies, announced that its company executives will present at upcoming investor events.

Today, Coty Inc. (NYSECOTY) announces a significant expansion of its global gender-neutral parental leave policy in its 2023 Sustainability Report (reported as July 2022 to June 2023). Grounded in Coty’s Beauty That Lasts sustainability framework, the company continues to set new benchmarks, exceeding targets across its three pillars: Product, Planet, and People.

Coty Inc. (NYSECOTY) (“Coty” or the “Company”) announced today the consideration payable in connection with its previously announced series of tender offers to purchase for cash (i) up to $150,000,000 aggregate principal amount (the “Unsecured Notes Cap”) of the Company’s 6.500% Senior Notes due 2026 (the “Unsecured Notes”), and (ii) up to $250,000,000 aggregate principal amount (the “Secured Notes Cap”) of the Company’s 5.000% Senior Notes due 2026 (the “Secured Notes”), for a total aggregate purchase price, excluding accrued and unpaid interest, of approximately $395 million. The Unsecured Notes and the Secured Notes are referred to collectively herein as the “Notes,” such offers to purchase are referred to collectively herein as the “Tender Offers” and each a “Tender Offer,” and the Unsecured Notes Cap and the Secured Notes Cap are referred to collectively as the “Notes Caps” and each a “Notes Cap.”

Coty Inc. (NYSECOTY) (“Coty” or the “Company”) announced today the early results of its previously announced tender offers to purchase for cash, (i) up to $150,000,000 aggregate principal amount (the “Unsecured Notes Cap”) of the Company’s 6.500% Senior Notes due 2026 (the “Unsecured Notes”) and (ii) up to $250,000,000 aggregate principal amount (the “Secured Notes Cap”) of the Company’s 5.000% Senior Notes due 2026 (the “Secured Notes”). The Unsecured Notes and the Secured Notes are referred to collectively herein as the “Notes,” such offers to purchase are referred to collectively herein as the “Tender Offers” and each a “Tender Offer,” and the Unsecured Notes Cap and the Secured Notes Cap are referred to collectively as the “Notes Caps” and each a “Notes Cap.” The Tender Offers are being made pursuant to the terms and conditions set forth in the Offer to Purchase, dated November 7, 2023 (the “Offer to Purchase). The Company refers investors to the Offer to Purchase for the complete terms and conditions of the Tender Offers.

Coty Inc. (NYSECOTY) today announced that its Board of Directors has increased its share repurchase program authorization by an additional $600 million to a total availability of approximately $1 billion. In connection with today’s announcement, Coty is entering into total return swaps in respect of its Class A Common Stock with several banks to hedge its potential exposure to prevailing stock price trading levels over the applicable hedging periods for a planned share buyback of approximately 25 million shares in fiscal 2026.

Coty Inc. (NYSECOTY) (“Coty” or the “Company”) today announced its offers to purchase for cash (i) up to $150,000,000 aggregate principal amount (the “Unsecured Notes Cap”) of the Company’s 6.500% Senior Notes due 2026 (the “Unsecured Notes”), and (ii) up to $250,000,000 aggregate principal amount (the “Secured Notes Cap”) of the Company’s 5.000% Senior Notes due 2026 (the “Secured Notes”). The Unsecured Notes and the Secured Notes are referred to collectively herein as the “Notes,” such offers to purchase are referred to collectively herein as the “Tender Offers” and each a “Tender Offer,” and the Unsecured Notes Cap and the Secured Notes Cap are referred to collectively as the “Notes Caps” and each a “Notes Cap.”

Coty Inc. (NYSECOTY) ("Coty" or "the Company") today announced its results for the first quarter of fiscal year 2024, ended September 30, 2023. The Company continued to deliver strong financial momentum, with growth once again ahead of the beauty market, while consistently executing across its strategic growth pillars. This marks the 13th consecutive quarter of operational results inline to ahead of expectations.

Coty Inc. (NYSECOTY) (“Coty” or the “Company”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today announced the pricing of its previously-announced global offering of 33 million shares (the “Offering”) of Coty’s outstanding Class A common stock (the “Class A Common Stock”), at a price of $10.80, or €10.28 (based on a spot EUR-USD FX of 1.0509). The Offering is being made pursuant to an effective shelf registration statement, which has been filed with the Securities and Exchange Commission (the “SEC”).

Add after last paragraph of release the JCPenney boilerplate.

Coty Inc. (NYSECOTY) (“Coty” or the “Company”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today announced the launch of a global offering of 33 million shares (the “Offering”) of Coty’s outstanding Class A common stock (the “Class A Common Stock”). The Offering is being made pursuant to an effective shelf registration statement, which has been filed with the Securities and Exchange Commission (the “SEC”).

Coty Inc. (NYSECOTY) (“Coty” or “the Company”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today increased its outlook for the first half and full year FY24.

Coty Inc. (NYSECOTY) (“Coty”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today announced the pricing of €500 million aggregate principal amount of 5.75% Senior Secured Notes due 2028 (the “Notes”) issued by Coty and its wholly-owned subsidiaries, HFC Prestige Products, Inc. and HFC Prestige International U.S. LLC (the “Co-Issuers” and collectively with Coty, the “Issuers”) in a private offering. Coty will receive gross proceeds of €500 million in connection with the offering of the Notes. The offering of the Notes is expected to close on September 19, 2023, subject to customary closing conditions.

Coty Inc. (NYSECOTY) (“Coty”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today announced that it, together with its wholly-owned subsidiaries, HFC Prestige Products, Inc. and HFC Prestige International U.S. LLC (the “Co-Issuers” and collectively with Coty, the “Issuers”), launched an offering of €500 million aggregate principal amount of senior secured notes (the “Notes”), subject to market and customary conditions. The interest rates and other key terms of the Notes will be determined at the time of pricing.

Coty Inc. (NYSECOTY) ("Coty" or "the Company") today announced its results for the fourth quarter of fiscal year 2023, ended June 30, 2023. The Company delivered its twelfth consecutive quarter of results in-line to ahead of expectations, while consistently executing across its strategic growth pillars.

In a return to the beauty space, Marc Jacobs International has signed an expanded long-term license agreement with Coty Inc. (NYSECOTY) that will bring Marc Jacobs Beauty into its iconic portfolio. One of the world’s largest beauty companies across fragrance, color cosmetics, and skin and body care, Coty Inc. has long held the license for Marc Jacobs Fragrances.

Today, Coty Inc. (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, is pleased to announce that it has renewed its long-term license agreement with adidas.

Coty Inc. (NYSECOTY) (“Coty”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today announced the pricing of $750 million of 6.625% senior secured notes due 2030 (the “Notes”) (representing an upsize from the previously announced $600 million) issued by Coty and its wholly-owned subsidiaries, HFC Prestige Products, Inc. and HFC Prestige International U.S. LLC (the “Co-Issuers” and collectively with Coty, the “Issuers”). Coty will receive gross proceeds of $750 million in connection with the offering of the Notes. The offering is expected to close on July 26, 2023, subject to customary closing conditions.

Coty Inc. (NYSECOTY) (“Coty”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today announced that it, together with its wholly-owned subsidiaries, HFC Prestige Products, Inc. and HFC Prestige International U.S. LLC (the “Co-Issuers” and collectively with Coty, the “Issuers”), intend to launch a benchmark size offering of $600 million aggregate principal amount of senior secured notes (the “Notes”), subject to market and customary conditions. The interest rates and other key terms of the offering will be determined at the time of pricing.

Coty Inc. (NYSECOTY) (“Coty” or “the Company”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today announced that it has entered into a binding letter of intent to sell a portion of its Wella stake to investment firm, IGF Wealth Management.

Coty Inc. (NYSECOTY) (“Coty” or “the Company”), announced today that it has successfully completed the refinancing of its existing $2.0 billion revolving credit facility (the “Revolving Credit Facility”). The over-subscribed refinancing extends maturity until July 2028 at the same terms to existing facilities and welcomes a strong group of top-tier existing and new creditors into our facilities.

Coty Inc. (NYSECOTY) (“Coty” or “the Company”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today hosts its first-ever investor event in Paris to elevate the Company’s attractive outlook with the European investment community.

Today, Coty Inc. (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, announces the launch of an innovative new serum by ultra-premium skincare line Orveda and Infiniment Coty Paris, the Company’s most ambitious fragrance project to date.

Coty Inc. (NYSECOTY) ("Coty" or "the Company") today announced its results for the third quarter of fiscal year 2023, ended March 31, 2023. The Company continued to deliver strong financial results, while consistently executing across its strategic growth pillars.

Coty Inc. (NYSECOTY) one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, today announces that its board of directors (“Board”) has authorized the Company’s management to explore a listing on the Paris Stock Exchange (PAR). If the Company initiates a listing process, Coty Inc. would become a dual listed company on the New York Stock Exchange (NYSE) and on the Paris Stock Exchange (PAR), further strengthening Coty’s presence in Europe and providing an additional vehicle to reach untapped investors in the market. The structure aligns with Coty’s 100+year heritage in France and its substantial business footprint in Europe.

Today, Coty Inc. (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, is pleased to announce the renewal of their license agreement with Davidoff, extending their long-running partnership beyond twenty years.

Coty Inc. (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today unveils a partnership with tech innovator Spatial to create an internal metaverse for its 11,000 global employees. Built with best-in-class 3D technology, the virtual campus will upskill Coty’s global workforce and will empower future innovation for Coty’s broad portfolio of brands.

Coty Inc. (NYSECOTY) today announced the comeback of philosophy with a new brand formulation principle, dermatologic wisdom™, its latest product innovation, dose of wisdom™ bouncy skin reactivating serum, and its approval under the Cruelty Free International Leaping Bunny Programme.

Coty Inc. (NYSECOTY) ("Coty" or "the Company"), one of the world’s largest beauty companies with a portfolio of iconic brands, announced that its new Gucci Eau de Parfum, Where My Heart Beats, will be the first globally distributed fragrance manufactured using alcohol from 100% recycled carbon emissions.

Today, Coty (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, announced the appointment of Caroline Andreotti as its Chief Commercial Officer (CCO) for Prestige, effective April 1st, following Isabelle Bonfanti stepping down from the role after 2.5 years.

Coty (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, is pleased to confirm that Chief Financial Officer Laurent Mercier will present at the 2023 Bank of America Consumer & Retail Conference on Wednesday, March 15 at 8:00 A.M. EST or 1:00 P.M. CET.

On International Women’s Day, Coty Inc. (NYSECOTY) announced a two-year partnership between Max Factor UK and UNICEF to support Skills4Girls. Over the next two years, the program will help give young girls the tools and resources to reach their full potential and become the next generation of successful leaders, entrepreneurs, and change-makers.

Coty (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, is pleased to confirm that Chief Executive Officer Sue Y. Nabi and Chief Financial Officer Laurent Mercier will present at the 2023 Consumer Analyst Group of New York Conference (CAGNY) on Tuesday, February 21 at 1:00 P.M. EST or 7:00 P.M. CET.

Coty Inc. (NYSECOTY) ("Coty" or "the Company") today announced its results for the second quarter of fiscal year 2023, ended December 31, 2022. The Company continued to deliver strong financial results, maintaining progress across its strategic growth pillars.

Today Coty (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, launches a new campaign to change the dictionary definitions of beauty.

Today, Coty, one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, and Jil Sander are happy to announce the renewal of their license agreement as well as the mutual decision to proceed with a long running partnership between the two companies.

Today, Coty (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, announced the appointment of Lubomira Rochet to its Board of Directors, effective January 2, 2023.

Coty (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today announced the sale of its Lacoste fragrance license back to Lacoste by mutual agreement.

HUGO BOSS and Coty are happy to announce the renewal of their license agreement. The partnership, which began in 2016 and has now been extended beyond 2035, includes all BOSS and HUGO fragrances for men and women.

Coty Inc. (NYSECOTY) today announced it is entering into agreements with several banks to start hedging a planned share buyback program of approximately $200 million in calendar 2025. This program adds to the Company’s previously announced $200 million hedged buyback in CY24. Coty anticipates continued strong free cash flow generation and steady deleveraging progress in the coming years, continuing to target leverage towards 4x exiting CY22, towards 3x exiting CY23, and towards 2x CY25.

Coty Inc. (NYSECOTY) (“Coty” or the “Company”) announced today the early tender results of its previously announced series of tender offers to purchase for cash, (i) up to an aggregate principal amount of $100,000,000 (the “USD Note Cap”) of its 6.500% Senior Notes due 2026 (the “USD Notes”) and (ii) up to an aggregate principal amount of €100,000,000 (the “Euro Note Cap”) of its 4.750% Senior Notes due 2026 (the “Euro Notes”). The USD Notes and the Euro Notes are referred to collectively herein as the “Notes”, such offers to purchase are referred to collectively herein as the “Tender Offers” and each a “Tender Offer”, and the USD Note Cap and the Euro Note Cap are referred to collectively as the “Notes Caps” and each a “Note Cap.” The Tender Offers are being made pursuant to the terms and conditions set forth in the Offer to Purchase, dated November 8, 2022 (the “Offer to Purchase”). The Company refers investors to the Offer to Purchase for the complete terms and conditions of the Tender Offers.

Today, Coty Inc. (NYSECOTY) releases its Sustainability Report for the 2022 fiscal year. The report outlines the progress made in advancing Coty’s corporate sustainability strategy, Beauty That Lasts, from July 2021 to June 2022.

Coty Inc. (NYSECOTY) (“Coty” or the “Company”) today announced its offers to purchase for cash (i) up to $100,000,000 aggregate principal amount (the “USD Note Cap”) of the Company’s U.S. dollar-denominated notes listed in the table below (the “USD Notes”), and (ii) up to €100,000,000 aggregate principal amount (the “Euro Note Cap”) of the Company’s Euro denominated notes listed in the table below (the “Euro Notes”). The USD Notes and the Euro Notes are referred to collectively herein as the “Notes”, such offers to purchase are referred to collectively herein as the “Tender Offers” and each a “Tender Offer”, and the USD Note Cap and the Euro Note Cap are referred to collectively as the “Notes Caps” and each a “Note Cap.”

Coty Inc. (NYSECOTY) ("Coty" or "the Company") today announced its results for the first quarter of fiscal year 2023, ended September 30, 2022. The Company continued to deliver strong financial progress, with further execution across each of its strategic growth pillars.

Today, Coty (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, announces the launch of a new global gender-neutral parental leave policy. Taking effect from November 1st, all employees, regardless of gender, will have access to the same number of fully paid weeks of parental leave when starting or extending a family – whether through pregnancy, adoption, or surrogacy.

Today, Coty (NYSECOTY), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, unveils its new corporate identity. Centered around the value of fearless kindness, Coty announces its new company purpose: together, we unleash every vision of beauty. The introduction of this framework represents the next phase in Coty’s growth under the vision and leadership of CEO, Sue Y. Nabi.

Coty, one of the world’s largest beauty companies with an iconic portfolio of brands, extends its strategic partnership with Cruelty Free International, the leading global organisation working to end animal testing. Coty powerhouse brands Rimmel, Manhattan, and Risqué are now approved under the Cruelty Free International Leaping Bunny Programme, joining Coty brand, COVERGIRL, which was approved in 2018.