NEW YORK — Ten Procter & Gamble fragrance licenses will transfer to Coty Inc. upon regulatory approval and completion of the companies’ merger transaction, Coty has confirmed. The fragrance brand licenses going to Coty, the company said Tuesday, are Hugo Boss, Gucci, Lacoste, Bruno Banani, Escada, Mexx, James Bond, Gabriela Sabatini, Stella McCartney and Alexander
NEW YORK — Coty Inc. has named Andraea Dawson-Shepherd as senior vice president of corporate affairs, a newly created position. The beauty care company said late Friday that in the role Dawson-Shepherd will lead Coty’s communication and corporate affairs agenda as it continues its expansion and transformation. She reports to chairman and interim chief executive officer
NEW YORK — Coty Inc. has unveiled a new leadership and business structure that will go into effect after the closing of its deal to merge with a collection of Procter & Gamble Co. beauty care brands. Coty said Tuesday that its business will be organized into three units: the Coty Luxury Division, focused on
NEW YORK — Coty Inc. has gone the acquisition route to boost its digital engagement capabilities. The beauty care company this week unveiled a deal to acquire Beamly, a digital marketing firm based in New York and London. Terms of the agreement weren’t disclosed. Beamly specializes in driving audience growth and engagement for consumer brands across
CINCINNATI — Procter & Gamble Co. has signed a definitive agreement to merge 43 of its beauty care brands with Coty Inc. The companies said Thursday that the $12.5 billion transaction includes P&G’s global salon professional hair care and color, retail hair color, cosmetics, fine fragrances, and select hairstyling businesses. With the deal, Coty
NEW YORK — A new chief executive officer will not be taking the reins at Coty Inc. next month. Coty said Tuesday that Bart Becht will remain as interim CEO of the company and continue in his role as chairman. With the move, Elio Leoni Sceti, slated to join the Coty as CEO on July
Coty Inc. is slated to acquire three beauty care businesses from Procter & Gamble Co., according to published reports. The New York Post reported late Monday that Coty has won an auction to buy P&G’s CoverGirl and Max Factor cosmetics brands, hair care business and fragrance business. P&G’s hair care brands include Wella and Clairol.
NEW YORK — Coty Inc. has named former Mars Inc. global president Paul Michaels to its board of directors. The fragrance and cosmetics company said Monday that Michaels bring extensive consumer goods experience to the board. During his time at Mars, he led efforts to bolster the company’s portfolio of businesses via brand revitalization and
