NEW YORK — Coty Inc. has acquired a 51% stake in Kylie Jenner’s beauty brands, Kylie Cosmetics and Kylie Skin for $600 million. According to the companies, the deal will result in a long-term strategic partnership that aims to develop Jenner’s existing beauty business into a global powerhouse brand. Jenner and her team will continue
NEW YORK — To support its ongoing turnaround plan and future growth, and the strengthening of its leadership organization for its supply chain, Coty Inc. announced last week the appointment of Richard Jones as global chief supply officer and a member of the executive committee effective November 1st. Jones will report to Pierre Laubies, chief
NEW YORK — Coty appointed Fiona Hughes as chief marketing officer, Coty Consumer Beauty, and as a member of the executive committee, effective June 12, 2019, reporting to Pierre Laubies, Coty chief executive officer and consumer beauty president. Laubies said: “Fiona is an exceptional marketing leader with a deep well of experience in leading brand
NEW YORK —Coty Inc. has made a series of executive leadership changes to support its ongoing transformation and future growth. Pierre-André Terisse has been appointed chief financial officer and a member of the executive committee, effective February 1. He has nearly 30 years of public company finance experience, including in business turnarounds, treasury and finance
NEW YORK — Coty has introduced the first at-home hair color Action for the Google Assistant on Google Home smart speakers and smartphones. The ‘Clairol Color Expert’ gives consumers a hands-free voice activated guide to the entire at-home hair color process – from finding the right shade at the shelf to applying color, re-application and
NEW YORK — Coty, one of the world’s leading beauty companies, announced a strategic partnership with Cruelty Free International that aims to end animal testing for cosmetics globally. As a first step in the partnership, Coty achieved Leaping Bunny certification by Cruelty Free International for CoverGirl, which is the largest makeup brand ever to be
NEW YORK — Coty is once again making changes to its consumer beauty division. A number of executive changes within the consumer beauty leadership team were announced Wednesday internally within the company, including the departure of Shannon Curtin, the senior vice president for consumer beauty in North America, according to a published report. The new
PARIS — Coty has unveiled a a first-of-a-kind augmented reality (AR) makeup try-on experience. The company debuted the blended reality Magic Mirror — which integrates physical products with digital content — at its newly relaunched Bourjois boutique in Paris. With the Magic Mirror, when a shopper picks up a lipstick the chosen color instantly appears
NEW YORK — Following up last year’s launch of its Digital Accelerator program, Coty Inc. has unveiled a new initiative for technology start-ups. The Coty Quarterly Digital Accelerator Summit, to be held next month, will provide tech start-ups an opportunity to share their latest innovations and earn the chance to work with the beauty care
NEW YORK — Coty Inc.’s CoverGirl brand is launching what the company calls the first full-look live mobile/web try-on experience. Using augmented reality (AR) technology, the new digital beauty tool will make virtual try-on of CoverGirl makeup available directly in browser on most smartphones without the need for an app download, according to Coty. To
SANTA MONICA, Calif. — OPI has set a Guinness World Record for “The World’s Longest Manicure Bar.” The Coty Inc. nail care brand said it created a 155-foot-long manicure bar along Santa Monica, Calif.’s famous 3rd Street Promenade shopping area near the beach. More than 50 nail technicians seated at the bar gave attendees GelColor
NEW YORK — Coty Inc. is redefining the CoverGirl brand in an effort that the company describes as “the biggest reinvention in CoverGirl’s 60-year history.” The brand vision for CoverGirl, acquired just over a year ago from Procter & Gamble Co., will now be under the mantra “I Am What I Make Up.” Coty said
NEW YORK — Makeup artist James Molloy has been named global makeup ambassador for Coty Inc.’s Rimmel London brand. Coty said Wednesday that Molloy, previously U.K. senior artist and director of makeup artistry for Asia-Pacific at MAC Cosmetics, will be charged with communicating the Rimmel brand’s “edgy and evolving beauty vision” to consumers and beauty
NEW YORK — Coty Inc. has appointed Sabine Chalmers, chief legal officer at beer giant Anheuser-Busch InBev, to its board of directors. Coty said Tuesday that Chalmers will also serve on the board’s audit and finance committee. The addition of Chalmers brings 25 years of senior management experience in international consumer goods and an extensive
