Coty

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Coty Inc. (NYSE: COTY) is one of the world's largest beauty companies, with a portfolio of iconic brands across fragrances, color cosmetics, and skin and body care. Founded in 1904 in Paris, Coty now has operations in over 125 countries and territories.

Coty operates through two main segments: Prestige and Consumer Beauty. Its Prestige segment includes luxury fragrance and cosmetics brands like Burberry, Calvin Klein, Chloé, Gucci, and Hugo Boss. The Consumer Beauty segment covers mass market brands such as CoverGirl, Max Factor, Rimmel, and Sally Hansen. In fiscal year 2023, Coty reported net revenues of USD 6.12 billion.

Coty's product portfolio spans fragrances (59% of sales), color cosmetics (28%), skincare (5%), and body care (8%). Geographically, the company generates approximately 44% of sales from Europe, 42% from the Americas, and 14% from Asia-Pacific. German investment firm JAB Holdings is Coty's controlling shareholder with a 53% stake.

Under CEO Sue Y. Nabi, who joined in September 2020, Coty has been implementing a turnaround strategy focused on growing its existing brands rather than pursuing acquisitions. The company is prioritizing innovation, particularly in skincare and sustainability, across both its prestige and mass market portfolios. Key initiatives include expanding skincare offerings, repositioning brands like Lancaster and Philosophy, and investing in clean and sustainable product formulations.

Coty aims to double its skincare sales to USD 500-600 million by fiscal year 2025. The company is leveraging its research facilities in Monaco, Geneva, New York, Shanghai and São Paolo to drive innovation.

Coty expects continued growth, projecting 6-8% like-for-like sales growth and 9-11% EBITDA growth annually through fiscal year 2025. The company sees its strongest growth opportunities in Asia, particularly China, where brands like Lancaster and Gucci Beauty have performed well.

HQ Location:
Empire State Building 17th Floor, 350 Fifth Avenue New York NY USA
Founded year:
1904
Employees:
10,000+
Beauty Tech
Beauty Tech
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