Coty acquired 41 beauty brands from Procter & Gamble in 2016, becoming the global leader in fragrance, the second largest company for hair color and styling products, and the third largest company for color cosmetics.
- Founded 1904; Paris, France
- Founder François Coty
- Headquarters New York, NY
- CEO: Sue Youcef Nabi (She was the CEO of L’Oréal Paris at 37 years old.)
- Largest shareholder: JAB Holding Company (60 percent stake); acquired from Pfizer in 1992
- (Previous owner, Pfizer, the pharmaceutical giant, had acquired Coty about three decades ago from François Coty’s former wife and her husband, according to the 2009 book “François Coty: Fragrance, Power, Money,” by Roulhac B. Toledano and Elizabeth Z. Coty.)
- https://www.coty.com/
After acquiring many brands from Procter & Gamble, Coty now owns
numerous big name products, including OPI, Rimmel, Covergirl, and is
behind celebrity toiletries like Katy Perry, David Beckham, and Beyoncé,
among others.
The portfolio is split into three categories: Coty Luxury, Coty Consumer Beauty and Coty Professional Beauty.
Youcef Sue Nabi and Alber Elbaz, an Israeli fashion designer and Lanvin Creative Director attend the Lanvin Spring / Summer 2013 show as part of Paris Fashion Week at Ecole nationale superieure des beaux-arts on September 27, 2012
Alber Elbaz died in April 2021, aged 59, after a battle with Covid-19.
