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Coty Wins this year's Euronext Best listing Award in the Large Cap category
Businesswire· 2024-03-19 14:00
PARIS--(BUSINESS WIRE)--Coty (NYSE: COTY) (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. The award recognizes the success of Coty's global offering, the largest to date on Euronext Growth®. The secondary listing on Euronext Paris was a resounding s ...
Sally Hansen® Partners With HERSHEY'S KISSES Brand for an Indulgent New Nail Collection Almost Good Enough to Eat
Businesswire· 2024-03-04 21:44
NEW YORK--(BUSINESS WIRE)--Coty Inc. (NYSE: COTY) Sally Hansen® is hopping into Spring with a delicious new partnership. The NEW Sally Hansen® x HERSHEY’S KISSES Limited-Edition collection will give you a perfectly sweet manicure, just in time for Easter! Inspired by the iconic foil wrapping and thin paper plume HERSHEY’S KISSES chocolates are known for, this collection of Insta-Dri® polishes and Salon Effects® Perfect Manicure ready-to-wear nails captures everything you love about the beloved bite-sized t ...
COTY Benefits From Solid Beauty Trends and Partnerships
Zacks Investment Research· 2024-03-01 15:36
Coty Inc. (COTY) is reaping benefits from brand strength and robust momentum in the global beauty market. The beauty products provider is focused on its six strategic pillars aimed at sustainable growth. The company’s strategic partnerships hold promise. Moreover, management is optimizing the overall cost structure amid cost woes.Let’s delve deeper.Solid Beauty Trends Fuel GrowthThe beauty space continues to stand out and Coty is well-positioned to capitalize on this favorable market environment. The compan ...
Calvin Klein Fragrances announces Idris and Sabrina Elba as the face of new Calvin Klein ETERNITY AROMATIC ESSENCE fragrance campaign
Businesswire· 2024-03-01 13:30
NEW YORK--(BUSINESS WIRE)--Calvin Klein, Inc., a wholly owned subsidiary of PVH Corp. (NYSE: PVH), and Calvin Klein Fragrances, a division of Coty Inc. (NYSE: COTY), today unveil actor and musician Idris Elba and his wife, model and human rights activist Sabrina Elba as the faces of Calvin Klein ETERNITY AROMATIC ESSENCE, the newest addition to the ETERNITY fragrance portfolio. Shot by Mert Alas, the campaign offers a fresh and impactful take on ETERNITY’s timeless dream of eternal love, capturing Idris ...
Coty Completes First Phase of Share Buyback Program
Businesswire· 2024-02-22 21:30
NEW YORK--(BUSINESS WIRE)--Today, Coty (NYSE: COTY) (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. Laurent Mercier, Coty’s Chief Financial Officer, stated, “ This repurchase of shares demonstrates Coty ...
4 Cosmetics Stocks Worth Watching on Robust Industry Trends
Zacks Investment Research· 2024-02-21 16:51
Players in the Zacks Cosmetics industry are benefiting from burgeoning demand for skincare and personal care products, given consumers’ growing inclination toward self-care. Also, focus on prudent product launches is working for Cosmetic companies.Yet, players in the space are not immune to inflationary headwinds and supply-chain bottlenecks. The focus on expanding omnichannel capabilities is working well for companies like The Estee Lauder Companies Inc. (EL) , Coty Inc. (COTY) , Inter Parfums, Inc. (IPAR) ...
Coty to Update on Market Beating Progress, Outlook, and White-Space Opportunities at CAGNY 2024 Conference
Businesswire· 2024-02-20 05:30
NEW YORK--(BUSINESS WIRE)--Coty (NYSE: COTY) (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. Coty will provide an update on its strategic and financial progress, its outlo ...
Coty and Etro Embark on New License Agreement
Businesswire· 2024-02-20 05:00
NEW YORK--(BUSINESS WIRE)--Today, Coty Inc. (NYSE: COTY) (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. This deal e ...
Beauty Product Parent Ripe For Surge Higher
Forbes· 2024-02-15 20:28
Beauty product manufacturer Coty (COTY) has struggled to make any lasting progress on the charts, with the equity now just above breakeven year over year. The shares managed to claw their way into a 10% three-month gain, however, and this may be the start of the long-awaited breather COTY has been itching for. In fact, the $11.50 level has acted as a floor on several occasions, while the security comes within one standard deviation of a historically bullish trendline.Per Schaeffer's Senior Quantitative Anal ...
Estée Lauder undergoes a profit makeover to swoon investors
MarketBeat· 2024-02-14 12:32
Key PointsEstée Lauder is a global cosmetics company with over 20 prestige brands, including Clinique, La Mer, Bobbi Brown and MAC Cosmetics.The company's restructuring plan includes a 3% to 5% workforce reduction and charges of between $500 million to $700 million.The company raised its incremental operating profit forecast from its Profit Recovery Plan to $1.1 billion to $1.4 billion, up from $800 million to $1 billion in previous estimates.5 stocks we like better than Estée Lauder CompaniesIconic prestig ...