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Coty Inc. said sales dipped slightly in the most recent quarter, but CoverGirl is gaining share for the first time in four years. In the last five weeks, CoverGirl has gained market share, according to scanner data, Coty said. The beauty group has been working to reposition the brand, and recently named Niki Taylor the face of Simply Ageless, the […]
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In a lagging mass nail market, Sally Hansen is launching a clean nail polish line. Good.Kind.Pure. is the latest franchise from the Coty-owned nail brand. It is marketed as plant-based, vegan and 16-free — meaning it is formulated without ingredients that consumers consider to be potentially harmful, including parabens, sulfates and formaldehydes. The line is set to launch on target.com […]
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Coty Inc. has unveiled its latest turnaround plan under new chief executive officer Pierre Laubies that centers around deleveraging, rediscovering growth and building a pride and performance-based culture. The four-year strategy includes personnel shifts as well, and is expected to cost about $600 million through 2023. The plan is expected to be in place by Jan. 1. Source: Read Full […]
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Coty Inc. sales continued to slip in its fiscal third quarter, but new chief executive officer Pierre Laubies is creating a plan to hoist them up. "We must capitalize on the solid results of the Luxury and Professional Beauty divisions, and address the weakness of the Consumer Beauty division's performance via shelf productivity, product range simplification and brand investment at […]
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PARIS — Expected to bolster the blockbuster Boss The Scent franchise even further is a new advertising campaign — fronted by actor Jamie Dornan and model Birgit Kos — set to go live on Sept. 1, in tandem with a men’s and women’s fragrance launch. Boss Bottled and Boss The Scent are the two pillars in the Boss fragrance portfolio […]
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