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

Finance

Coty Q2 sales boom led by prestige fragrances and influencer marketing

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

Trending Articles

  1. Beiersdorf Q1 sales top €2.6 billion as Nivea drives growth Beiersdorf’s derm brands Eucerin and Aquaphor also reported double digit growth during the quarter
  2. Nivea helps push Beiersdorf sales to €4.9 billion in H1 Sun protection was pinpointed as a strong performance segment for the German giant's Nivea, Eucerin and Aquaphor brands
  3. LVMH’s revenue dips despite ‘remarkable growth’ from Sephora The giant’s Selective Retailing and Perfumes & Cosmetics divisions delivered strong sales despite the ‘uncertain’ economic climate
  4. L’Oréal’s sales soar thanks to dermatological beauty​​ and mass make-up The French beauty giant reported revenue of €11.24bn for the quarter, driven by increasing consumer demand for dermatological beauty and mass make-up
  5. L’Oréal USA promotes Silvia Galfo to President of Luxe Division Galfo, previously Chief Growth Officer of the beauty group’s US subsidiary, will replace Megan Grant

Upcoming event

Pure Beauty Global Awards 2024

23 May | London, United Kingdom See all

You may also like

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
Finance

Coty fragrance sales drive double-digit sales boom in Q1 2024

The Covergirl owner’s performance was bolstered by a rise in prestige beauty sales, with particularly strong demand for its recently launched Goddess EDP
Finance

Coty officially listed on Paris Stock Exchange

The Rimmel owner confirmed earlier this year that it was exploring a dual listing to strengthen its European presence
Fragrance

Coty raises sales outlook following record Burberry Goddess launch

The beauty brand owner has highlighted its prestige fragrance division for its sales outlook increase
You need to be a subscriber to read this article.
Click here to find out more.
Body Care

Business advice: How to land a lucrative beauty licensing deal

With Coty resigning beauty deals with Adidas and Marc Jacobs, law firm Freeths outlines how to navigate the intricate landscape of licensing
Body Care

Coty renews beauty and fragrance licensing deal with Adidas

The deal will see the beauty and fragrance firm continue to grow the sports brands personal care portfolio and expand into new markets
Hair Care

Coty sells $150 million portion of Wella stake

The proposed transaction will see IGF Wealth Management buy 3.6% of Wella from Coty as the beauty giant looks to fully divest the hair care player by calendar year 2025
Subscribe now