Coty
Coty Inc. is an American multinational beauty company founded in 1904 by François Coty. With its subsidiaries, it develops, manufactures, markets, and distributes fragrances, cosmetics, skincare, nail care, and both professional and retail hair care products. Coty owns around 77 brands as of 2018 such as CoverGirl, Adidas body care, Max Factor, Nautica, and Rimmel. The company has licensing agreements with luxury brands such as Hugo Boss, Burberry, Chloé, Calvin Klein, Gucci, and Davidoff. Its products are available in more than 150 countries.
Cosmetic, skin, body care, fragrance, and hair brands company Coty achieved $4.71bn in net revenues, a 25% year-on-year decrease. It reported 38% of the revenues from the Americas, 49% from EMEA, and 12% from the Asia Pacific. The company’s Consumer Beauty business, which fell by 29% year-on-year, contributed 44.79% of the total revenues. The Luxury business recorded $2.6bn, a 21% decline year-on-year, and accounted for 55.2% of the total revenue.
Coty is a world leader in beauty and home to an illustrious roster of cosmetic, skincare, and fragrance brands. Coty has a mission: to challenge the definition of beauty, to encourage authenticity, and to celebrate diversity. Because to Coty, beauty is not about conforming to somebody else’s ideal. It’s about inclusion and liberating everyone to shine in your unique way.