Coty’s Post

Impressive results but your e-commerce and DTC strategy could be further enhanced by the use of the right technological solutions including AI, making Coty an unsurpassed world leader in customer experience.

From strength to strength

🚀 Coty's annual sales surge, but profits see a strong decline 💄 Coty continues to show its strength in the #beauty industry with a significant increase in annual sales, reflecting strong consumer demand and strategic innovation. However, while the top line is booming, the bottom line has experienced a strong dip and profits crumbled. 🔗 Read more: https://lnkd.in/eBfKXZEv #BeautyIndustry #Coty #SalesGrowth #Profitability #BusinessStrategy #Innovation

The Coty turnaround can accelerate in 2024

Celebrating another milestone! Fitch Ratings upgrades Coty to BB+ with a stable rating outlook, with Coty’s secured debt now rated Investment Grade, reflecting continued progress towards improving our financial leverage. 📈      “Coty Inc.’s ratings reflect its leading market position as one of the world’s largest beauty companies with a recently improved mix toward higher growth and higher margin prestige fragrance and skin care, and signs of stabilization in its consumer beauty business,” writes Fitch Ratings Inc.      Learn more: https://lnkd.in/eEQrSp3R. #CotyPride

"Join CEO Tonja Lindsay, the driving force behind Phenomenal Cosmetics Inc., as we explore the transformative power of beauty from within and beyond. Discover the story behind the brand, its mission to empower, and the journey towards embracing beauty, inside and out. Tune in for an inspiring conversation on 'Empowering Beauty: Inside and Out.' 💄✨ #EmpowerWithPhenomenalBeauty"

Estée Lauder Companies Inc (NYSE:EL, ETR:ELAA)'s expected rebound has prompted analysts at the Bank of America to upgrade their rating and boost their price target on the New York-headquartered cosmetics company. Describing the stock as a “Cinderella Story,” the analysts have upped their rating on the stock from ‘Neutral’ to ‘Buy’ and price target from $160 to $170. Estée Lauder shares traded 5.8% higher at about $153 late morning on Thursday. “We upgrade Estée Lauder expecting meaningful growth off what appears to be bottoming sales and earnings per share (EPS),” the BofA analysts wrote.    They pointed out that it was company-specific and macro factors that drove negative revisions on the stock for the past two years. More at #Proactive #ProactiveInvestors #NYSE #ETR #EL #ELAA http://ow.ly/nVJm105nGaI

Had a really interesting chat with a candidate in my network about the launch of the Value of Beauty Alliance. Key players within the space (including L'Oréal, Beiersdorf, Givaudan & IFF) aim to draw attention to the beauty and personal care sector’s contributions to the European economy and society. The Value of Beauty Alliance presented a new report titled What is the Value of Beauty? #valueofbeauty #valueofbeautyalliance #beautyindustry

In the past, beauty industry leaders L’Oréal and Estée Lauder typically experienced similar growth, resulting in correlated share price performance. However, in 2023, a significant and unprecedented gap emerged – Estée Lauder's share price plummeted by 41%, while L’Oréal's surged by 40%. This occurred against a backdrop of the overall beauty industry expanding by an estimated 9%, challenging the validity of the adage "a rising tide lifts all boats." Tasneem Samodien CA(SA), Research Analyst at Private Clients by Old Mutual Wealth unpacks the shift in the fortunes of the two companies, emphasising the importance of careful stock selection, even in seemingly "defensive" industries.   Read more: https://lnkd.in/dJ7KpQBP   #oldmutualwealth #privateclient #curatedwealth #beyondwealth #PrivateClientsbyOldMutualWealth

“Cosmetic packaging will have to revolutionize in the years to come, particularly to adapt to changing regulations. We've been working on these issues for years. As a global player in the sector, it soon became clear to us that we needed to create a common methodology to harmonize needs across the industry and achieve our goals by involving as many stakeholders as possible.”said Gilles Swyngedauw, Vice President CSR and product sustainability at Albéa Cosmetics & Fragrance. A consortium of 15 cosmetics industry companies today announced that they have joined forces to create the TRaceability Alliance for Sustainable CosmEtics (TRASCE) to enhance traceability in key ingredient and packaging supply chains across the industry: https://lnkd.in/ebwhAmcr The founding members have committed to working collectively to map their supply chains across the entire value chain on a common digital platform, Transparency-One, an ISN Company which guarantees each supplier the ownership, security and confidentiality of the data they share. In this respect, TRASCE will help respond to three fundamental challenges for the industry by strengthening the collective understanding of the cosmetics industry supply chains, assessing the related social and environmental risks and determining the necessary actions to support suppliers in their transition. Initiated by CHANEL, this industry alliance aims to enhance the sustainable transformation of the sector, bringing together Albéa, CHANEL, Groupe Clarins, Cosfibel | Packaging & Gift powered by GPA Global, Parfums Christian Dior, The Estée Lauder Companies Inc. , L’OCCITANE Group, L'Oréal , Merck, NEYRET, Nuxe Group, GROUPE POCHET (Pochet du Courval - Qualipac - Aura - Solev), Sensient Beauty, Shiseido and Sisley Paris. The FEBEA (Fédération des Entreprises de la Beauté) also supports the project as an official sponsor. #sustainablebeauty #cooperation #traceability #transparency #supplychain #manufacturing #cosmetics