Sign in

    Coty Inc (COTY)

    You might also like

    Coty Inc. is a leading global beauty company that operates across fragrance, color cosmetics, skincare, and body care categories. The company offers a diverse portfolio of iconic brands, selling its products in over 120 countries and territories. Coty focuses on both high-end and mass-market beauty products, catering to a wide range of consumer preferences.

    1. Prestige - Offers high-end fragrances, cosmetics, and skincare products, targeting premium and luxury markets with brands like Gucci, Burberry, and Calvin Klein.
    2. Consumer Beauty - Focuses on mass-market products, including color cosmetics, body care, and mass fragrances, with key brands such as CoverGirl, Rimmel, and Sally Hansen.
    NamePositionStart DateShort Bio
    Sue Y. NabiChief Executive OfficerSeptember 2020Sue Y. Nabi has served as the CEO of Coty Inc. since September 2020. She founded and led Orveda and previously worked at L’Oréal, where she was the Worldwide President of L’Oréal and Lancôme.
    Laurent MercierChief Financial OfficerFebruary 15, 2021Laurent Mercier has been the CFO of Coty since February 15, 2021. He was previously Coty's Deputy CFO and CFO of Coty's Luxury business. Before Coty, he worked at Danone, S.A. in various finance roles.
    Kristin BlazewiczChief Legal Officer and General CounselMarch 15, 2020Kristin Blazewicz has served as Chief Legal Officer, General Counsel, and Secretary at Coty since March 15, 2020. She was previously Vice President, Assistant General Counsel at Keurig Dr Pepper Inc..
    Anna von BayernChief Corporate Affairs OfficerSeptember 1, 2020Anna von Bayern has been the Chief Corporate Affairs Officer at Coty since September 1, 2020. She is a journalist and author, and has worked as a political correspondent and talk show anchor.
    Priya SrinivasanChief People & Purpose OfficerApril 2023Priya Srinivasan serves as the Chief People & Purpose Officer at Coty Inc. since April 2023. She is a Named Executive Officer for fiscal year 2024 and participates in senior officer benefits programs.
    1. Your target for mid-single-digit growth in fiscal '26 and beyond reflects a deceleration from your previous long-term target of 6% to 8% growth; what factors are driving this slowdown, and how do you plan to address potential challenges to maintain robust growth?

    2. With some of your retail partners rightsizing their store fleets and facing their own challenges, how are you managing the associated risks to your distribution channels, and what strategies are in place to mitigate potential negative impacts on your sales?

    3. The possibility of a 10% to 20% customs tax on imported products into the U.S. could significantly affect your prestige products made in Europe; how do you plan to mitigate this cost impact, and are you considering relocating production to facilities in the U.S. or other regions?

    4. Given recent declines in China and Travel Retail Asia, suggesting you're no longer immune to turmoil in these markets, how do you plan to address these challenges and capitalize on growth opportunities in these regions?

    5. As you implement your new demand planning program consolidating planning hubs, what key risks do you foresee, and how are you managing them to ensure it doesn't disrupt your supply chain or negatively affect your service levels?

    Program DetailsProgram 1Program 2
    Approval DateFebruary 3, 2016 November 13, 2023
    End Date/DurationN/AN/A
    Total additional amount$500.0 million $600.0 million
    Remaining authorization amountN/A$796.8 million (as of September 30, 2024)
    DetailsN/AAllows repurchase of Class A Common Stock at discretion based on capital needs, market price, and conditions