NEW YORK — Coty Inc. has promoted Andrew Stanleick to chief executive officer for the beauty business created by Kylie Jenner. In addition, Stanleick will also manage Kim Kardashian West’s business for Coty with a focus for both brands on driving global expansion and entry into new beauty categories. Both businesses are part of Coty’s
NEW YORK — Coty Inc. has acquired a 51% stake in Kylie Jenner’s beauty brands, Kylie Cosmetics and Kylie Skin for $600 million. According to the companies, the deal will result in a long-term strategic partnership that aims to develop Jenner’s existing beauty business into a global powerhouse brand. Jenner and her team will continue
NEW YORK — Coty Inc.’s CoverGirl brand has introduced four new additions to the CoverGirl TruBlend collection — CoverGirl TruBlend Undercover Concealer, CoverGirl TruBlend Minerals Loose Mineral Powder, CoverGirl TruBlend Base Business Skin Primer and CoverGirl TruBlend Super Stunner Hyper-Glow Mono Highlighter. The products will be available in July. The CoverGirl TruBlend Undercover Concealer is
NEW YORK — Coty has launched the first at-home hair color Action for the Google Assistant on Google Home smart speakers and smartphones. The ‘Clairol Color Expert’ provides consumers a hands-free voice activated guide to the entire at-home hair color process – from finding the right shade at the shelf to applying color, re-application and
NEW YORK — Coty is once again making changes to its consumer beauty division. A number of executive changes within the consumer beauty leadership team were announced Wednesday internally within the company, including the departure of Shannon Curtin, the senior vice president for consumer beauty in North America, according to a published report. The new
PARIS — Coty has unveiled a a first-of-a-kind augmented reality (AR) makeup try-on experience. The company debuted the blended reality Magic Mirror — which integrates physical products with digital content — at its newly relaunched Bourjois boutique in Paris. With the Magic Mirror, when a shopper picks up a lipstick the chosen color instantly appears
NEW YORK — Coty Inc. has named Unilever executive Laurent Kleitman as president of Coty Consumer Beauty, taking over from Esi Eggleston Bracey, who’s leaving the company. Coty said Tuesday that Eggleston Bracey is departing for personal reasons and will remain with the company for a transition period until the end of this month. Kleitman,
NEW YORK — Coty Inc. has finalized its acquisition of the fine fragrances, salon professional, cosmetics, retail hair color, and select hair styling businesses of Procter & Gamble Co. Camillo Pane Coty said Monday that the transaction, valued at more than $11 billion, makes it the world’s third-largest beauty care company, with annual revenue of