Coty

Sally Hansen® and GLAAD Reprise Their Partnership for the 6th Year With a Launch That Celebrates the LGBTQ+ Community

Retrieved on: 
lördag, juni 1, 2024

Since 2019, Sally Hansen® has committed to partnering with GLAAD to support Pride and the organization’s mission to accelerate acceptance for the LGBTQ+ community.

Key Points: 
  • Since 2019, Sally Hansen® has committed to partnering with GLAAD to support Pride and the organization’s mission to accelerate acceptance for the LGBTQ+ community.
  • The new Sally Hansen x Pride Limited-Edition Collection will feature Sally Hansen®’s revolutionary Insta-Dri® technology, the #1 quick-dry polish in the United States, that features a formula that dries in just 60 seconds.
  • “We are thrilled to continue our partnership with GLAAD and support an organization that works hard to spread such an important message of inclusivity and acceptance for the LGBTQ+ community.
  • Since the beginning of their partnership, Sally Hansen® and Coty brands have donated over $600,000 in support of GLAAD’s culture-changing work.

Coty Inc. Prices €500 Million of Senior Secured Notes

Retrieved on: 
onsdag, maj 22, 2024

Coty will receive gross proceeds of €500 million in connection with the offering of the Notes.

Key Points: 
  • Coty will receive gross proceeds of €500 million in connection with the offering of the Notes.
  • The offering of the Notes is expected to close on May 30, 2024, subject to customary closing conditions.
  • The Notes will be senior secured obligations of the Issuers and will be guaranteed on a senior secured basis by each of Coty’s subsidiaries (other than the Co-Issuers) that guarantee, and will be secured by first priority liens on the same collateral that secures, Coty’s obligations under Coty’s existing senior secured credit facilities and senior secured notes.
  • The collateral security will be released upon the Notes achieving investment grade ratings from two out of the three ratings agencies.

Coty Inc. to Offer Senior Secured Notes

Retrieved on: 
tisdag, maj 21, 2024

The interest rates and other key terms of the Notes will be determined at the time of pricing.

Key Points: 
  • The interest rates and other key terms of the Notes will be determined at the time of pricing.
  • The Notes will be senior secured obligations of the Issuers and will be guaranteed on a senior secured basis by each of Coty’s subsidiaries (other than the Co-Issuers) that guarantee, and will be secured by first priority liens on the same collateral that secures, Coty’s obligations under Coty’s existing senior secured credit facilities and senior secured notes.
  • This press release does not constitute an offer to sell or purchase, a solicitation of an offer to sell or purchase, or a notice of redemption for, the Notes or any of Coty’s securities.
  • No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation or sale would be unlawful.

COVERGIRL’s New Eye Enhancer 3D Mascara Will Have You Ditching Your Eye Lash Curler

Retrieved on: 
onsdag, maj 15, 2024

Infused with haircare-inspired ingredients, plant-based keratin and lifting waxes to keep lashes lifted and fanned out, this universal mascara works on all lash types.

Key Points: 
  • Infused with haircare-inspired ingredients, plant-based keratin and lifting waxes to keep lashes lifted and fanned out, this universal mascara works on all lash types.
  • The transfer-proof, smudge-proof formula provides up to 24HR wear that is easy to remove at the end of the day.
  • “COVERGIRL recognized that beauty users want a mascara that’s affordable but won’t compromise on bold volume, and that’s exactly what the Eye Enhancer 3D Mascara delivers.
  • The Eye Enhancer 3D Mascara is available everywhere COVERGIRL is sold, in the makeup aisle.

Coty and Lena Gercke Embark on New License Agreement

Retrieved on: 
tisdag, maj 7, 2024

This agreement marks the beginning of a long-term partnership between Coty and German Television Presenter and Model, Lena Gercke.

Key Points: 
  • This agreement marks the beginning of a long-term partnership between Coty and German Television Presenter and Model, Lena Gercke.
  • The agreement is rooted in a mutual focus on empowerment, inspiration, and innovation.
  • The collaboration comes as Coty continues to elevate and diversify its portfolio, continuously bringing new products, brands, and innovations to the forefront.
  • Stefano Curti, Coty’s Chief Brands Officer Consumer Beauty, said: “We are delighted to be collaborating with Lena Gercke to bring our shared vision to life in the beauty space.

Equilar 100: A Snapshot of the Highest-Paid CEOs in America

Retrieved on: 
tisdag, april 23, 2024

The highest-paid CEO on this year’s list is Broadcom’s Hock E. Tan, who was awarded a pay package of nearly $162 million in 2023.

Key Points: 
  • The highest-paid CEO on this year’s list is Broadcom’s Hock E. Tan, who was awarded a pay package of nearly $162 million in 2023.
  • The acceleration in CEO compensation was largely driven by the rise in stock award values.
  • Among Equilar 100 CEOs in 2023, stock awards made up nearly 65% of median total compensation.
  • For all companies featured in this year’s Equilar 100 list, the median fiscal year-end revenue was $25.1 billion in 2023.

NRDC Equity Partners and BB Kapital SA acquire Galeria Karstadt Kaufhof GmbH out of insolvency

Retrieved on: 
onsdag, april 10, 2024

NRDC Equity Partners, a New York-based investment firm, alongside investment firm BB Kapital SA, Bernd Beetz’s family office, have undertaken the acquisition of Galeria Karstadt Kaufhof GmbH (Galeria).

Key Points: 
  • NRDC Equity Partners, a New York-based investment firm, alongside investment firm BB Kapital SA, Bernd Beetz’s family office, have undertaken the acquisition of Galeria Karstadt Kaufhof GmbH (Galeria).
  • The consortium of NRDC Equity Partners and BB Kapital SA is pursuing the takeover and financing of Galeria as part of an insolvency plan.
  • Insolvency administrator Stefan Denkhaus says, “We have been negotiating intensively with two potential investors, and, together with the creditors' committee, we have selected two investment firms, BB Kapital SA and NRDC Equity Partners.
  • “Three months ago, we set in motion a plan to secure the future of Galeria Karstadt Kaufhof by filing for insolvency proceedings,” said Olivier van den Bossche, CEO of Galeria Karstadt Kaufhof GmbH.

Coty and Etro Embark on New License Agreement

Retrieved on: 
tisdag, februari 20, 2024

Coty and Etro will work together to explore new categories and innovations to grow the brand’s beauty portfolio.

Key Points: 
  • Coty and Etro will work together to explore new categories and innovations to grow the brand’s beauty portfolio.
  • View the full release here: https://www.businesswire.com/news/home/20240219544270/en/
    This deal establishes a long-term partnership between Coty and Etro, one that is anchored in the companies’ shared values of innovation, exploration, community, and creativity.
  • Etro is an iconic brand with a long-standing heritage of excellence that is reflected across every facet of its business.
  • This agreement further underscores Coty’s focus on fashion driven licenses with significant multi category potential which resonate with consumers in our key markets.

Buckeye Basements Named NARI Regional CotY™ Winner

Retrieved on: 
onsdag, februari 28, 2024

COLUMBUS, Ohio, Feb. 28, 2024 /PRNewswire/ -- The National Association of the Remodeling Industry (NARI) named Buckeye Basements, Inc in Columbus the 2024 Regional Contractor of the Year winner in the following categories:

Key Points: 
  • COLUMBUS, Ohio, Feb. 28, 2024 /PRNewswire/ -- The National Association of the Remodeling Industry (NARI) named Buckeye Basements, Inc in Columbus the 2024 Regional Contractor of the Year winner in the following categories:
    "We feel incredibly honored to be CotY award winners in addition to being recognized as Best of Houzz 2024 for Design & Service recipients," says co-owner and founder Jon Smith.
  • Each year, NARI presents CotY Awards to members who demonstrate outstanding work through their remodeling projects.
  • "NARI CotY winners represent the best of the best in the remodeling industry," says NARI Co-CEO Tracy Write, CAE, CNAP.
  • NARI will honor all Regional Winners and announce National Winners at the Evening of Excellence live on April 5, 2024.

Coty Announces Extension of Its Licensing Partnership With Mexx

Retrieved on: 
torsdag, februari 1, 2024

The partnership, which began in 2016, has been extended for more than 25 years, encompassing all Mexx fragrances and colognes.

Key Points: 
  • The partnership, which began in 2016, has been extended for more than 25 years, encompassing all Mexx fragrances and colognes.
  • View the full release here: https://www.businesswire.com/news/home/20240131329084/en/
    Sue Nabi, Coty’s CEO, said: “We are delighted to further strengthen our thriving relationship with Mexx.
  • This long-term extension of our partnership will enable us to accelerate the brand’s momentum and fuel ambitious expansion plans into dynamic new markets and categories.
  • In 2023, Mexx unveiled a series of limited-edition fragrances that received widespread consumer acclaim, from the Mexx “Summer Bliss” mood boosting fragrance to the “Mexx Black & Gold” holiday fragrance.