Coty (NYSE:COTY) Inc. is a global beauty company specializing in fragrance, cosmetics, skin and body care, and professional hair color and styling products. Through a diverse portfolio of owned and licensed brands, the company develops, manufactures and markets a wide range of consumer goods across mass, prestige and professional channels. Coty’s fragrance offerings include well-known designer and celebrity scents under names such as Gucci, Hugo Boss, Calvin Klein and Burberry, while its color cosmetics and skin care lines feature products like CoverGirl, philosophy and Lancaster.
In addition to its prestige fragrance and cosmetics segments, Coty operates a professional division that serves salons and beauty professionals with hair color and styling products under brands such as Wella Professionals, Clairol Professional and OPI. The company has pursued strategic licensing and joint-venture partnerships, most notably its collaboration with Kylie Jenner to create Kylie Cosmetics and Kylie Skin, which has expanded Coty’s reach among digitally native consumers.
Founded in 1904 by François Coty in Paris, the company has grown through successive acquisitions and licensing agreements, transitioning its headquarters to New York City in the early 21st century to strengthen its presence in North America. Coty completed a major portfolio reshuffle in recent years, assuming ownership of several beauty brands divested by Procter & Gamble and streamlining operations around its core fragrance and color businesses.
Coty serves markets in the Americas, Europe, the Middle East, Africa and the Asia-Pacific region, with products sold in over 150 countries. Under the leadership of CEO Sue Y. Nabi, who joined the company in 2020, Coty is focused on brand innovation, digital and e-commerce growth, and sustainable beauty initiatives aimed at driving long-term value in the competitive global beauty industry.
