Coty – Page 4 – Beautifaire

10 May

Why Coty CEO Thinks Now Is Right Time for

“European investors need to buy Coty stock. It’s so simple as this,” said Coty Inc. chief executive officer Sue Y. Nabi of why the corporate is mulling a dual listing, because it released its latest set of earnings that beat Wall Street expectations. The sweetness company, which is listed on the Recent York Stock Exchange, issued an announcement Friday saying it was eyeing a dual Paris listing. It also revealed that it has prolonged its long-term partnership with Nabi, Coty CEO since Sept. 1, 2020. “That is the proper moment to accomplish that. Eleven quarters in line or ahead of expectation is moment to begin this,” continued Nabi, although she didn't disclose any details on the timeframe. “I'd say that on...

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6 May

Coty Exploring Double Paris-Recent York Listing – WWD

by Beautifaire101

Beauty, Featured

Coty Exploring Double Paris-Recent York Listing – WWD

PARIS — Coty Inc. is exploring a dual listing, in Paris and Recent York, it said Friday. The wonder-maker, which is eying the Paris Stock Exchange, is already listed on the Recent York Stock Exchange. Coty also said Friday it has prolonged its long-term partnership with Sue Nabi, Coty chief executive officer since Sept. 1, 2020. Her renewed compensation agreement is founded on an equity program that runs through 2030. Coty’s board of directors has authorized the corporate’s management to explore a list in Paris. Should it turn out to be dually listed, it could “further [strengthen] Coty’s presence in Europe and [provide] an extra vehicle to succeed in untapped investors out there,” the corporate said in an announcement. “The structure aligns with...

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14 Apr

The Latest Beauty Executive Moves at Coty, Diptyque, Glowbar

by Beautifaire101

Beauty, Featured

Caroline Andreotti courtesy Coty has named Caroline Andreotti its latest chief industrial officer for prestige. Andreotti most recently served as executive vp, global travel retail at Coty; she succeeds Isabelle Bonfanti in her latest role. Jordan Searle BusinessPortraits.ca Jordan Searle, most recently The Body Shop’s vp, omnichannel North America, has been promoted. Now general manager for the brand in North America, Searle oversees retail, wholesale, distribution, marketing, e-commerce and activism within the region. Kimberly Villatoro and Patrick Ta. courtesy Kimberly Villatoro has a latest gig, as chief executive officer of Patrick Ta Beauty. She hails from Smashbox, where she most recently worked as vp of North America marketing. Frank Small courtesy Frank Small is the brand new chief financial officer and chief operating officer of Wella Company. He joins...

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25 Dec

Lacoste Fragrance License Changes Hands From Coty to Interparfums

by Beautifaire101

Beauty, Featured

Lacoste Fragrance License Changes Hands From Coty to Interparfums

The Lacoste fragrance license is in recent hands. Just just a few hours after Coty announced it had sold it back to Lacoste by mutual agreement for an undisclosed sum, Lacoste said it had signed a 15-year worldwide licensing agreement with Interparfums SA. Lacoste president Thierry Guibert said, “We're very appreciative of Coty’s support throughout our partnership. With Coty, Lacoste has taken a vital step in the event of its fragrance lines. It's now time for the brand to renew its approach to proceed its growth, in a market where Lacoste still has great potential.” WWD understands Lacoste has a giant footprint in Russia, an area that Coty has divested from attributable to its invasion of Ukraine. “For each Coty and Lacoste, the...

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