Coty (NYSE: COTY) is a publicly listed company headquartered in New York, United States that owns 5 consumer brands and makes and sells 3 consumer brands under licence without owning the names, and has 2 recorded transactions.[1][2]
Coty was founded in Paris in 1904 by François Coty, who is credited with creating the modern perfume industry by combining natural and synthetic materials and selling scent in decorative bottles at accessible prices. It is now one of the largest fragrance licensors in the world and owns Rimmel and CoverGirl.
brands owned
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categories
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acquisitions recorded · 1 since 2015
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divestitures recorded
Read from Coty's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
In the past, we grew our business through significant acquisitions and strategic transactions, including the acquisition of the P&G Beauty Business in October 2016 and the joint venture with Kylie Jenner in fiscal 2020.
In addition, acquisitions of foreign businesses, new entrepreneurial businesses and businesses in new distribution channels, such as our acquisition of the Brazilian personal care and beauty business of Hypermarcas S.A. (the "Hypermarcas Brands") and our joint venture with Kylie Jenner, entail certain particular risks, including potential difficulties in geographies and channels in which we lack a significant presence, difficulty in seizing business opportunities compared to local or other global competitors, difficulty in complying with new regulatory frameworks, the acquisition of new or unexpected liabilities, the adverse impact of fluctuating exchange rates and entering lines of business where we have limited or no direct experience.
We are also subject to legal proceedings and legal compliance risks in connection with legacy matters involving the P&G Beauty Business and the Hypermarcas Brands that were previously outside our control and that we are now independently addressing, as well as retained liabilities relating to divested businesses, which may result in unanticipated or new liabilities.
Headline figures from Coty's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2021–2026. Revenue moved from $4.63bn to $5.81bn, an average of 4.6% a year (calculated).
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| $5.81bn | $-81,500,000 | -1.4% | $-604,800,000 | $10.2bn | $3.03bn | 10-K | |
| $5.89bn | $241.1m | 4.1% | $-367,900,000 | $11.9bn | $3.96bn | 10-K | |
| $6.12bn | $546.7m | 8.9% | $89.4m | $12.1bn | $3.84bn | 10-K | |
| $5.55bn | $543.7m | 9.8% | $508.2m | $12.7bn | $4.18bn | 10-K | |
| $5.3bn | $240.9m | 4.5% | $259.5m | $12.1bn | $4.41bn | 10-K | |
| $4.63bn | $-48,600,000 | -1.0% | $-201,300,000 | $13.7bn | $5.4bn | 10-K |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
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Full portfolio, 5 brands, with sources → · Competitors by shared categories →
Procter & Gamble transferred 41 beauty brands, including CoverGirl, Max Factor, Clairol and Wella, to Coty in a Reverse Morris Trust structured to be tax-efficient for P&G shareholders. It was the largest single step in P&G's programme of cutting its portfolio from about 170 brands to 65.
Coty sold a controlling sixty per cent stake in its professional beauty and retail hair business to KKR, valuing it at about $4.3 billion. The carve-out created Wella Company as a standalone business, which is why salon brands and Coty fragrances now sit under different owners.
Coty controlled this brand in the past. Each row shows when the ownership ended and who holds the brand now, so a page that once said Coty owned it still shows why it no longer does.
| Brand | Owned until | Owner today |
|---|---|---|
| Wella Professionals | Dec 2020 | KKR |
The Global Legal Entity Identifier Foundation (GLEIF) keeps an open register of legal entities. Each entity reports its own parents. We show it as a cross-check on the ownership recorded on this page, which is built from filings.
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
| Filed | Form | What it declares |
|---|---|---|
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Results of operations and financial condition | |
| 8-K | Other events | |
| 8-K | Departure or appointment of directors or officers | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Departure or appointment of directors or officers; Regulation FD disclosure | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Entry into a material agreement; Material impairments; Other events | |
| 8-K | Results of a shareholder vote | |
| 10-Q | Quarterly report |
Coty owns 5 consumer brands tracked here, including Clairol, Rimmel London, Max Factor, Sally Hansen and CoverGirl.
Yes. Coty is headquartered in New York, United States and was founded in 1904.
Coty is a publicly listed company owned by its shareholders; it trades as COTY on the NYSE.
The most recent completed acquisition recorded here is CoverGirl, Max Factor, Clairol and Wella Professionals on 1 October 2016.
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
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