Coty moots a market listing

Published: 21-May-2012
Finance

Company currently valued at $7bn


Peter Harf, president of the US perfumery group Coty, has confirmed that the company is getting ready for a market listing. Speaking to the Financial Times Deutschland, Mr Harf said the Bank of America, Merrill Lynch and JP Morgan Chase have been engaged to manage the operation. Coty, which is owned by a European family, is currently valued at over $7bn.
  • Companies:
  • COTY
See more

You may also like

Colour Cosmetics

Coty growth fuelled by prestige fragrance sales, while mass beauty declines

Read more
Demand for ultra premium fragrances have helped deliver a 5% boost in the company’s prestige sales Q1 2025, while Consumer Beauty revenues are down

Trending Articles

  1. Helen of Troy buys nail brand Olive & June for $225 million The brand owner will build on Olive & June’s consumer perception strength and help expand its availability
  2. The Ordinary co-founder Nicola Kilner to cede Deciem CEO role Kilner will step down as CEO at the end of the year, but will remain as co-founder and continue to be involved
  3. e.l.f. Beauty hits back at ‘unsubstantiated’ short seller report A 48-page report issued by Muddy Waters has alleged that the US beauty giant had “inflated” its revenue and profits
  4. Space NK full-year sales jump as Gen Z shoppers drive sales The UK retailer is also expanding its portfolio with ten additional stores, which has already seen a store open in Sheffield
  5. THG CEO Matthew Moulding mulling sale of company’s £250 million headquarters A real estate investor is alleged to be eyeing up the British beauty and fashion retail group’s Icon Business Park site in Manchester

Upcoming event

Cosmoprof India 2024

5-7 December 2024 | Mumbai, India See all

You may also like

Colour Cosmetics

Coty growth fuelled by prestige fragrance sales, while mass beauty declines

Demand for ultra premium fragrances have helped deliver a 5% boost in the company’s prestige sales Q1 2025, while Consumer Beauty revenues are down
Finance

Coty shares preliminary Q1 results, accelerates cost-saving

The owner of Wella and Kylie Cosmetics still impacted by Lacoste sale but highlight slow growth
Finance

Coty’s Sue Nabi named among most influential LGBTQ+ business leaders

Nabi has helmed the beauty giant since July 2020 as the company’s first female and openly transgender CEO
Finance

Coty eyes ultra-luxury growth potential as revenue expectations missed

The owner of Orveda and Kylie Cosmetics was impacted by Lacoste sale and reduced retailer inventory
Finance

Tati Westbrook announces Tati Beauty relaunch after four-year legal battle settled

The make-up influencer was sued by former business partner Clark Swanson over supplement brand Halo Beauty in 2024
Finance

Coty sees Q3 sales boost driven by prestige beauty

The owner of Kylie Cosmetics and Burberry saw sales jump 10% as it lands a license deal with fashion brand LeGer
Finance

Coty Q2 sales boom led by prestige fragrances and influencer marketing

Cover Girl benefited from Coty’s increased focus on influencer marketing, particularly around its Simply Ageless Skin Perfector foundation
Subscribe now