Date Posted: Wednesday 5th October 2016
Coty has announced that it has completed the merger of the Procter & Gamble Company’s fine fragrance, colour cosmetics, salon professional and hair colour and certain styling businesses into Coty. Coty is now the third-largest beauty company in the world, with approximately $9 billion in revenue. As a combined company, Coty will also hold the number one position in fragrances, and number two and three positions in salon hair and color cosmetics, respectively.
Coty is organised into three divisions, each focused on their respective categories and channels:
Coty Consumer Beauty is focused on colour cosmetics, retail hair colouring and styling products, bodycare and mass fragrances. Its brand portfolio includes Adidas, Bourjois, Clairol, COVERGIRL, David Beckham, Katy Perry, Max Factor, Rimmel, Sally Hansen and Wella.
Coty Luxury is focused on expanding Coty’s leadership position in prestige fragrances and emerging position in skincare, in the Luxury Beauty market across all regions and luxury channels, including travel retail. Its fragrances include brands such as Marc Jacobs, Calvin Klein, Chloé, Gucci, Hugo Boss, Balenciaga, Bottega Veneta, Alexander McQueen, Davidoff and Miu Miu, among others, and skincare brands include Lancaster and philosophy.
Coty Professional Beauty is focused on servicing salon owners and professionals in both hair and nail care, covering all key salon segments and salon client needs. The professional-focused brands include Clairol Professional, Nioxin, OPI, Sebastian Professional, System Professional and Wella Professionals.
Additionally, Jane Mccorriston, previously at Head of Communications (UK & Eire) at P&G has moved over to Coty.
Coty in 'in-house PR'
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