5 Followers USX:COTY - Coty Inc Coty Inc
Sector: Consumer Staples, Industry: Personal Products
Next Earnings: 7 May 2024
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USD 11.82    +0.17 (+1.46%)

27 Mar 2024


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General

CEO: Ms. Sue Y. Nabi

IPO: 2013-06-13

Headquarters: US

Employees: 11,350

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Description

Coty is a global beauty maker that focuses on fragrance (59% of sales) and color cosmetics (28%), with limited exposure to skincare (5%) and body care (8%). For its fragrance business, Coty licenses luxury and high-end brands including Gucci, Burberry, Hugo Boss, Davidoff, and Calvin Klein, while its consumer cosmetics business focuses on acquired mass brands such as CoverGirl, Max Factor, Rimmel, Sally Hansen, and Bourjois. It also collaborates with social media celebrities Kim Kardashian and Kylie Jenner to launch makeup products bearing their names. By region, Coty generates close to 45% of sales from Europe, 42% from the Americas, and 13% from Asia-Pacific. German investment firm JAB is a controlling shareholder, with a 53% stake.

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