CoverGirl

Coty Delivers Strong Q2 and 1H24 Results with Growth Ahead of Beauty Market

Retrieved on: 
Wednesday, February 7, 2024
Cosmetics, Retail, Elixir, Coty Inc., EPS, CoverGirl, Holiday, Davidoff, Consumer, Common stock, Philosophy, Social media, COTY, FX, Record, Share repurchase, LFL, Growth, Science, Inc., Lacoste, Recycling, JAB, Skin, Beauty, Parental leave, Travel, Table, GAAP, Burberry, Marni, Music

The Company's strong sales growth ahead of the beauty market, profit growth, and operating and EBITDA margin expansion in Q2 marked the 14th consecutive quarter of results in-line to ahead of expectations.

Key Points: 
  • The Company's strong sales growth ahead of the beauty market, profit growth, and operating and EBITDA margin expansion in Q2 marked the 14th consecutive quarter of results in-line to ahead of expectations.
  • In Q2, Coty also saw double-digit percentage LFL revenue expansion in prestige cosmetics, with strong momentum in Kylie, Burberry and Gucci.
  • Coty's Consumer Beauty Q2 revenues grew by 7% as reported and 5% LFL, growing in-line with the global mass beauty market.
  • The performance was driven by strong double-digit percentage growth LFL in Prestige and high-single-digit percentage growth LFL in Consumer Beauty.

Coty Delivers Very Strong Start to FY24 with Growth Ahead of Beauty Market

Retrieved on: 
Tuesday, November 7, 2023
Fashion, Luxury, Cosmetics, Retail, Specialty, Elixir, Aroma compound, Social media, Consumer, FX, COTY, Travel, EPS, Partnership, Château Bélair-Monange, CET, Philosophy, Visibility, COGS, Yoy, Sale, Coty Inc., Carbon, GAAP, Internet, Trust, Marketing, Lacoste, Sport, Sustainability, Beauty, ESG, Adidas, Common stock, Growth, Burberry, Share repurchase, Female, NYSE, LFL, EBITDA, Senior, Inc., Table, Renewable energy, Music, Perfume, Pharmaceutical industry, Financial services, Cryptocurrency, Security (finance), Telescopic sight, Bookkeeping, Commercial property, Q3, Coty, Euronext Paris, CoverGirl, Prestige, Nautica, Wella, Q1, Risqué, Rimmel

The Company continued to deliver strong financial momentum, with growth once again ahead of the beauty market, while consistently executing across its strategic growth pillars.

Key Points: 
  • The Company continued to deliver strong financial momentum, with growth once again ahead of the beauty market, while consistently executing across its strategic growth pillars.
  • Prestige revenues grew at a very strong rate in Q1, accelerating to 23% growth as reported and 22% growth LFL.
  • The Consumer Beauty business saw particular momentum in e-commerce, with over 25% LFL sales growth, delivering share gains in the channel.
  • The performance was driven by strong double-digit percentage growth LFL in Prestige and high-single-digit percentage growth LFL in Consumer Beauty.

Perfect Corp. and Walmart to Offer Innovative AR-Powered Makeup Virtual Try-On Experience to Customers

Retrieved on: 
Wednesday, October 11, 2023
Fashion, Cosmetics, Retail, Apps, Applications, Technology, Department Stores, Neutrogena, Deep learning, Multimedia, Maybelline, AI, Corp, Lip, CoverGirl, Artificial intelligence, NYX Professional Makeup, IOS, Environment, Walmart, AR, Try (Colbie Caillat song), NYX, Augmented reality, Cosmetic industry, Online shopping, Rimmel, Beauty

Perfect Corp. , the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion technology solutions provider, today announced a collaboration with Walmart to launch an innovative makeup virtual try-on experience via the Walmart iOS app.

Key Points: 
  • Perfect Corp. , the leading artificial intelligence (AI) and augmented reality (AR) beauty and fashion technology solutions provider, today announced a collaboration with Walmart to launch an innovative makeup virtual try-on experience via the Walmart iOS app.
  • The experience will allow Walmart customers to virtually try-on makeup products across the blush, lip color, eye shadow, and bronzer categories and discover their perfect shade.
  • As AI/AR technologies become more integral to deliver personalized and sustainable shopping experiences to customers in 2023, the virtual try-on experience is set to enhance the Walmart shopping journey, empowering customers to try-on multiple makeup shades in seconds through a hyper-realistic AR view.
  • That’s why I’m so excited that Walmart is launching Beauty Virtual Try-On, to offer customers a more engaging and convenient try-on experience on the Walmart app,” remarked Creighton Kiper, Vice President of Beauty at Walmart U.S.
    Walmart’s virtual try-on experience features Perfect Corp.’s award-winning Face AI solution, which is powered by advanced AI deep learning technology to create hyper-realistic AR-powered makeup filters for customers to try-on digitally.

Coty Reports Strong 3Q23 Results Ahead of Expectations

Retrieved on: 
Tuesday, May 9, 2023
Fashion, Cosmetics, Online Retail, Retail, Luxury, Department Stores, Elixir, Travel, Table, Serum, Cruelty Free International, Ethanol, Aviation, EVP, Davidoff, GAAP, Jil Sander, Investment, Consumer, Commercial, NYSE, Inc., Beauty, CoverGirl, Philosophy, Ageism, Average cost, Yoy, Growth, ROI, YTD, Coty Inc., LFL, COTY, Carbon, Marc Jacobs, FX, Depreciation, Partnership, Caroline, CCO, Sale, EBITDA, EPS, Video game, Distribution (marketing), Music, Iron ore, Reinsurance, Commercial property, Cryptocurrency, Perfume, Beauty salon, Telescopic sight, Bookkeeping, Security (finance), Pharmaceutical industry, Q3, Coty, Rimmel, Euro, Wella, Prestige

Coty Inc. (NYSE: COTY) ("Coty" or "the Company") today announced its results for the third quarter of fiscal year 2023, ended March 31, 2023.

Key Points: 
  • Coty Inc. (NYSE: COTY) ("Coty" or "the Company") today announced its results for the third quarter of fiscal year 2023, ended March 31, 2023.
  • Coty's strong Q3 sales performance came in well ahead of expectations and recently raised guidance, fueled by accelerating demand for prestige fragrances, retailer restocking and Coty initiatives.
  • Commenting on the operating results, Sue Y. Nabi, Coty's CEO, said:
    "We are once again proud to report strong operational and financial performance, with today’s Q3 results marking the eleventh consecutive quarter of results in-line to ahead of expectations.
  • Coty continues to see strong demand growth across nearly all categories and markets, particularly in Prestige fragrances, with Coty maintaining strong launch activity in both Prestige and Consumer Beauty.

Coty to Explore Dual Listing on Paris Stock Exchange

Retrieved on: 
Friday, May 5, 2023
Other Retail, Luxury, Cosmetics, Retail, Specialty, Inc., Partnership, Skin care, COTY, Coty, CoverGirl, Sustainability Accounting Standards Board, NYSE, Euronext Paris, Beauty, Trust, PAR, Burberry, Growth, Coty Inc., Skin, Renewable energy, Bourjois, Rimmel

Coty Inc. (NYSE: COTY) one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, today announces that its board of directors (“Board”) has authorized the Company’s management to explore a listing on the Paris Stock Exchange (PAR).

Key Points: 
  • Coty Inc. (NYSE: COTY) one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, skin and body care, today announces that its board of directors (“Board”) has authorized the Company’s management to explore a listing on the Paris Stock Exchange (PAR).
  • If the Company initiates a listing process, Coty Inc. would become a dual listed company on the New York Stock Exchange (NYSE) and on the Paris Stock Exchange (PAR), further strengthening Coty’s presence in Europe and providing an additional vehicle to reach untapped investors in the market.
  • “Paris is the historic home of beauty, and the industry still holds a special attraction for investors there.
  • The Board’s interest in exploring a potential listing on the Paris Stock Exchange has been made possible thanks to the progress Coty has made under Sue’s leadership”, said Peter Harf, Coty’s Chairman.

Prime Matter Labs Appoints Jessica Khuat as New Chief Financial Officer

Retrieved on: 
Wednesday, October 19, 2022
LinkedIn, CFO, Monogram, CA, Olay, Growth, Procter, Ivory, Twitter, Instagram, Partnership, KPI, Industry, Old Spice, Board, CEO, Salon, Prime number, Skin, GLOBE, Director, CoverGirl, Beauty, Jess, Procter & Gamble, Cosmetics, Gillette, Secrecy, Leadership, Management, Public relations, Heineken

MIAMI, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Prime Matter Labs , a leading contract manufacturer of beauty and personal care products, announced that Jessica Khuat has been named as the Chief Financial Officer (CFO).

Key Points: 
  • MIAMI, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Prime Matter Labs , a leading contract manufacturer of beauty and personal care products, announced that Jessica Khuat has been named as the Chief Financial Officer (CFO).
  • Im thrilled to be joining Prime Matter Labs as the company has such a strong foundation from its decades of experience in the beauty and personal care products space, said Jessica Khuat.
  • Prior to Prime Matter Labs, Jessica spent more than 15 years working across the finance organizations of Heineken and Procter & Gamble.
  • To learn more about Prime Matter Labs, please visit: www.primematterlabs.com and follow us on LinkedIn , Instagram and Twitter .

Coty Expands Partnership With Cruelty Free International

Retrieved on: 
Monday, September 26, 2022
Cosmetics, Retail, Specialty, Laboratory, Policy, CFI, Beauty, LinkedIn, Cruelty Free International, Compliance, Partnership, Instagram, CoverGirl, Science, Animal, Testing cosmetics on animals, Skin, Color, Cosmetics, Coty, Rimmel

Coty powerhouse brands Rimmel, Manhattan, and Risqu are now approved under the Cruelty Free International Leaping Bunny Programme, joining Coty brand, COVERGIRL, which was approved in 2018.

Key Points: 
  • Coty powerhouse brands Rimmel, Manhattan, and Risqu are now approved under the Cruelty Free International Leaping Bunny Programme, joining Coty brand, COVERGIRL, which was approved in 2018.
  • Coty collaborated with Cruelty Free International to forensically investigate its entire supply chain for Rimmel, Manhattan, and Risqu.
  • The Cruelty Free International Leaping Bunny Programme is the only global cruelty free approval that also requires a supplier monitoring system to be implemented by the brands to ensure ongoing compliance.
  • Coty & CFI partnership in 2018, Coty announced COVERGIRL as its first global brand with the Leaping Bunny cruelty free approval.

CURE Pharmaceutical Announces the Appointment of New Board Member

Retrieved on: 
Tuesday, August 2, 2022
Strategic planning, Beauty, Time, United, GLOBE, The Hoover Company, Ball Corporation, Philips, DTC, Instagram, Twitter, Industry, NBCUniversal, U.S. Securities and Exchange Commission, Forward-looking statement, Risk, Procter & Gamble, Private Securities Litigation Reform Act, Advertising, Health, Marketing, Safety, JPMorgan Chase, CURE, VISA, CoverGirl, Technology, FDA, Company, Security (finance), CPG, Annual report, Tivity Health, Growth, S. C. Johnson & Son, Pharmavite, IHG, OTC, 3D printing, Public relations, Facebook

OXNARD, Calif., Aug. 02, 2022 (GLOBE NEWSWIRE) -- CURE Pharmaceutical Holding Corp. (OTC: CURR) (CURE), a proprietary platform technology company, today announced the appointment of Gerald Bagg to its board of directors.

Key Points: 
  • OXNARD, Calif., Aug. 02, 2022 (GLOBE NEWSWIRE) -- CURE Pharmaceutical Holding Corp. (OTC: CURR) (CURE), a proprietary platform technology company, today announced the appointment of Gerald Bagg to its board of directors.
  • This strategic addition adds depth in CPG and advertising and brings the number of board members to five.
  • A 45+ year veteran of the advertising industry, Gerald is best known for pioneering the BRAND RESPONSE advertising approach to campaigns.
  • CURE has partnerships in the United States, China, Mexico, Canada, Israel, and other markets in Europe.

Moving Image & Content Rebrands to Qulture

Retrieved on: 
Thursday, July 21, 2022
Business, Digital, Sephora, Female, Culture, Ferrari, Fast Company, Imran Amed, Marketing, Advertising, Clio Awards, World Communication Awards, CoverGirl, Technology, WWD, H&M, Badiyya Hassan Mashi, Quynh Nguyen, Public relations, Generation Z, CNBC, Forbes, Google

NEW YORK, July 21, 2022 /PRNewswire/ -- Moving Image & Content an award-winning digital marketing firm specializing in Gen Z, Web3 and the metaverse, today announced it has rebranded itself and changed its name to Qulture and its website to qulture.agency .

Key Points: 
  • NEW YORK, July 21, 2022 /PRNewswire/ -- Moving Image & Content an award-winning digital marketing firm specializing in Gen Z, Web3 and the metaverse, today announced it has rebranded itself and changed its name to Qulture and its website to qulture.agency .
  • The digital universe is light years ahead of where it was when we first opened our doors in 2010.
  • We have developed an insightful vision and unrivalled skill setfor understanding and anticipating digital culture through various platforms on behalf of our clients.
  • Qulture and its leadership team have been featured in CNBC, Fast Company, Forbes, The Business of Fashion, WWD and more.

Iconic Brands Launches New Line of Premium Quality, Zero Sugar Still Wines

Retrieved on: 
Tuesday, March 29, 2022
Zero, IGT, Company, Cabernet Sauvignon, White wine, TopPop, Television, Wine, CoverGirl, RTF, Health, ICNB, Ministry of Health & Wellness, Glossary of wine terms, RTD, Keto, GLOBE, BFY, OTCQB, Taste, Social media, Icon brand, Online shopping, Cultural icon, Prosecco, Bellissima

AMITYVILLE, NY, March 29, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Iconic Brands, Inc. (OTCQB: ICNB) (“Iconic” or the “Company”), a leader in the development, design and delivery of alcohol and non-alcohol beverages, announced today that it has launched Bellissima Zero, a new line of zero sugar still wines created by Bellissima Prosecco and co-developed by Bellissima brand partner, supermodel, actress and entrepreneur, Christie Brinkley.

Key Points: 
  • Bellissima Zero is available in five expressions: Pinot Grigio IGT, Chardonnay IGT, Ros Wine, Merlot IGT and Cabernet Sauvignon IGT.
  • Bellissima Zero has zero sugar, a serving size of approximately 1g Carb per 5 oz, is made with organic grapes and is certified vegan.
  • They include Bellissima Prosecco DOC Brut, Sparkling Ros Brut Wine, Zero Sugar Sparkling White Wine, Zero Sugar Sparkling Ros Wine and Prosecco Ros DOC Millesimato.
  • Bellissima is strategically positioned with its zero sugar wines in the fast-growing zero sugar beverage category.