10.28.10
12. Coty
New York, NY
www.coty.com
Beauty Sales: $3.5 billion for the year ended June 30, 2009 (new figures unavailable at press time)
Key Personnel: Bernd Beetz, chief executive officer; Peter Harf, chairman, Coty Inc.; Sergio Pedreiro, chief financial officer; Michele Scannavini, president, Coty Prestige; Renato Semerari, president Coty Beauty.
Major Products: Prestige—Baby Phat, Balenciaga, Bottega Veneta, Calvin Klein, Cerruti, Chloé, Chopard, Davidoff, Home Skin Lab, Jennifer Lopez, Jette Joop, Jil Sander, Karl Lagerfeld, Kenneth Cole, L.A.M.B. fragrance by Gwen Stefani, Lancaster, Marc Jacobs, Nautica, Sarah Jessica Parker, Vera Wang and Wolfgang Joop. Coty Beauty—Adidas, Astor, Beyoncé, Celine Dion, Chupa Chups, David and Victoria Beckham, Faith Hill, Guess, Halle Berry, Jovan, Kate Moss, Miss Sixty, Miss Sporty, N.Y.C. New York Color, Playboy, Rimmel, Sally Hansen, Shania Twain, Stetson, Tim McGraw.
New Products: Coty Prestige—Marc Jacobs Bang, Jennifer Lopez Love and Glamour, Eternity Aqua by Calvin Klein, Lola by Marc Jacobs, Eau de Fleurs by Chloé, SJP NYC; Coty Beauty—Halle by Halle Berry, Beyoncé Heat, Faith Hill Parfums, McGraw by Tim McGraw Southern Blend, David Beckham Pure Instinct, Hot Water by Davidoff, Vintage by Kate Moss, Sunshine Cuties by Harajuku Lovers.
Comments: Coty was certainly not exempt from the woes of last year’s economy, but the fragrance and cosmetics powerhouse powered on in 2009, signing agreements, naming spokespeople and launching plenty of new entries into a slowly recovering market and setting the stage for the future. One of the most notable, perhaps, was a deal struck with Beyoncé in September 2009. Bottega Veneta and Coty formed an exclusive partnership to create, develop and distribute a line of fragrances, which will be Bottega Veneta’s first fragrance collection. Coty also entered into a license agreement with global lifestyle brand, Guess? to develop and market new fragrance lines.
Lots of activity continues in 2010. In March, Coty signed Alejandra Ramos, Solange Knowles and Zooey Deschanel as Rimmel ambassadors. The three team up with Kate Moss, Georgia May Jagger and Coco Rocha as the “aspirational ambassadors” of Rimmel London.
In April, Catherine Walsh, senior vice president Coty Prestige, was honored at The Pratt Institute-Luxe Pack “Art of Packaging Award” Gala, benefiting the “Marc Rosen Scholarship for Graduate Package Design” at Pratt Institute.
Coty captured four prestigious FiFi awards in June, taking top honors in both prestige and mass appeal categories for Fragrance of the Year (Women’s Luxe: Lola, by Marc Jacobs; Women’s Popular Appeal: Halle by Halle Berry). And the world’s largest fragrance company keeps rolling along with top-notch celebrity and designer collaborations, aiming for a more profitable year ahead. Among those just out: Jennifer Lopez Love and Glamour, and Marc Jacobs Bang.
Coty Inc. signed a licensing agreement with Italian fashion designer extraordinaire Roberto Cavalli, which will begin in 2011.
Coty Beauty announced a trio of Playboy scents for women, and said a new Playboy for Men scent will also be introduced.
But the biggest news surrounds its latest coup of signing a long-term licensing deal with singer and show biz sensation Lady Gaga. Her first women’s scent is expected to launch in spring 2012.
New York, NY
www.coty.com
Beauty Sales: $3.5 billion for the year ended June 30, 2009 (new figures unavailable at press time)
Key Personnel: Bernd Beetz, chief executive officer; Peter Harf, chairman, Coty Inc.; Sergio Pedreiro, chief financial officer; Michele Scannavini, president, Coty Prestige; Renato Semerari, president Coty Beauty.
Major Products: Prestige—Baby Phat, Balenciaga, Bottega Veneta, Calvin Klein, Cerruti, Chloé, Chopard, Davidoff, Home Skin Lab, Jennifer Lopez, Jette Joop, Jil Sander, Karl Lagerfeld, Kenneth Cole, L.A.M.B. fragrance by Gwen Stefani, Lancaster, Marc Jacobs, Nautica, Sarah Jessica Parker, Vera Wang and Wolfgang Joop. Coty Beauty—Adidas, Astor, Beyoncé, Celine Dion, Chupa Chups, David and Victoria Beckham, Faith Hill, Guess, Halle Berry, Jovan, Kate Moss, Miss Sixty, Miss Sporty, N.Y.C. New York Color, Playboy, Rimmel, Sally Hansen, Shania Twain, Stetson, Tim McGraw.
New Products: Coty Prestige—Marc Jacobs Bang, Jennifer Lopez Love and Glamour, Eternity Aqua by Calvin Klein, Lola by Marc Jacobs, Eau de Fleurs by Chloé, SJP NYC; Coty Beauty—Halle by Halle Berry, Beyoncé Heat, Faith Hill Parfums, McGraw by Tim McGraw Southern Blend, David Beckham Pure Instinct, Hot Water by Davidoff, Vintage by Kate Moss, Sunshine Cuties by Harajuku Lovers.
Comments: Coty was certainly not exempt from the woes of last year’s economy, but the fragrance and cosmetics powerhouse powered on in 2009, signing agreements, naming spokespeople and launching plenty of new entries into a slowly recovering market and setting the stage for the future. One of the most notable, perhaps, was a deal struck with Beyoncé in September 2009. Bottega Veneta and Coty formed an exclusive partnership to create, develop and distribute a line of fragrances, which will be Bottega Veneta’s first fragrance collection. Coty also entered into a license agreement with global lifestyle brand, Guess? to develop and market new fragrance lines.
Lots of activity continues in 2010. In March, Coty signed Alejandra Ramos, Solange Knowles and Zooey Deschanel as Rimmel ambassadors. The three team up with Kate Moss, Georgia May Jagger and Coco Rocha as the “aspirational ambassadors” of Rimmel London.
In April, Catherine Walsh, senior vice president Coty Prestige, was honored at The Pratt Institute-Luxe Pack “Art of Packaging Award” Gala, benefiting the “Marc Rosen Scholarship for Graduate Package Design” at Pratt Institute.
Coty captured four prestigious FiFi awards in June, taking top honors in both prestige and mass appeal categories for Fragrance of the Year (Women’s Luxe: Lola, by Marc Jacobs; Women’s Popular Appeal: Halle by Halle Berry). And the world’s largest fragrance company keeps rolling along with top-notch celebrity and designer collaborations, aiming for a more profitable year ahead. Among those just out: Jennifer Lopez Love and Glamour, and Marc Jacobs Bang.
Coty Inc. signed a licensing agreement with Italian fashion designer extraordinaire Roberto Cavalli, which will begin in 2011.
Coty Beauty announced a trio of Playboy scents for women, and said a new Playboy for Men scent will also be introduced.
But the biggest news surrounds its latest coup of signing a long-term licensing deal with singer and show biz sensation Lady Gaga. Her first women’s scent is expected to launch in spring 2012.
