Coty, Inc.

The Cybersmile Foundation and Rimmel Announce the Launch of Groundbreaking New AI Support Assistant

Retrieved on: 
Tuesday, March 5, 2019
Cyberbullying, The Cybersmile Foundation, Articles, Coty, Inc., Rimmel, Artificial intelligence, Academic disciplines, Technology

Cybersmile Assistant has been created to enable people to access practical advice, useful information and targeted support services.

Key Points: 
  • Cybersmile Assistant has been created to enable people to access practical advice, useful information and targeted support services.
  • Scott Freeman, CEO of The Cybersmile Foundation commented:
    "Cybersmile Assistant is going to revolutionise the way we deliver support for Internet users around the world.
  • With AI machine learning capabilities, Cybersmile Assistant will become increasingly smarter and more intuitive the more it used.
  • Sara Wolverson, Vice President of Rimmel Global Marketing, Coty, commented:
    "The launch of Cybersmile Assistant is a hugely exciting moment in our partnership with The Cybersmile Foundation.

The Cybersmile Foundation and Rimmel Announce the Launch of Groundbreaking New AI Support Assistant

Retrieved on: 
Tuesday, March 5, 2019
Cyberbullying, The Cybersmile Foundation, Articles, Coty, Inc., Rimmel, Artificial intelligence, Academic disciplines, Technology

Cybersmile Assistant has been created to enable people to access practical advice, useful information and targeted support services.

Key Points: 
  • Cybersmile Assistant has been created to enable people to access practical advice, useful information and targeted support services.
  • Scott Freeman, CEO of The Cybersmile Foundation commented:
    "Cybersmile Assistant is going to revolutionise the way we deliver support for Internet users around the world.
  • With AI machine learning capabilities, Cybersmile Assistant will become increasingly smarter and more intuitive the more it used.
  • Sara Wolverson, Vice President of Rimmel Global Marketing, Coty, commented:
    "The launch of Cybersmile Assistant is a hugely exciting moment in our partnership with The Cybersmile Foundation.

Coty Announces Filing of Solicitation/Recommendation Statement on Schedule 14D-9

Retrieved on: 
Wednesday, February 27, 2019
Retail, Cosmetics, Law firms, Sidley Austin, Coty, Inc., Sidley, Centerview Partners, Industries, Companies

As previously announced, the Board of Directors of the Company formed a special committee of disinterested, independent directors (the Special Committee) to evaluate the Offer.

Key Points: 
  • As previously announced, the Board of Directors of the Company formed a special committee of disinterested, independent directors (the Special Committee) to evaluate the Offer.
  • The Special Committee has engaged Centerview Partners LLC as its financial advisor and Sidley Austin LLP and Richards, Layton & Finger, P.A.
  • The Company has filed a Solicitation/Recommendation Statement on Schedule 14D-9 with the SEC.
  • Coty and its brands are committed to a range of social causes as well as seeking to minimize its impact on the environment.

Coty Inc. Declares Quarterly Dividend

Retrieved on: 
Friday, February 8, 2019
Department Stores, Luxury, Retail, Cosmetics, Fashion, Coty, Inc., Reckitt Benckiser, Coty, Business

The Board of Directors of Coty Inc. (NYSE:COTY) declared a quarterly cash dividend of $0.125 per common share, payable on March 15, 2019, to shareholders of record on February 28, 2019.

Key Points: 
  • The Board of Directors of Coty Inc. (NYSE:COTY) declared a quarterly cash dividend of $0.125 per common share, payable on March 15, 2019, to shareholders of record on February 28, 2019.
  • Coty is one of the worlds largest beauty companies with over $9 billion in revenue, an iconic portfolio of brands and a purpose to celebrate and liberate the diversity of consumers beauty.
  • Coty has approximately 20,000 colleagues globally and its products are sold in over 150 countries.
  • Coty and its brands are committed to a range of social causes as well as seeking to minimize its impact on the environment.

Zoovu Nabs $14 Million Series B for Expansion of AI Digital Sales Assistants

Retrieved on: 
Thursday, February 7, 2019
Technology, Online Retail, Internet, Software, Other Technology, Professional services, Finance, Retail, Communications, Marketing, Other Communications, Articles, Coty, Inc., Reckitt Benckiser, Artificial intelligence

Zoovu , a leading artificial intelligence (AI) digital sales assistant platform, today announced that it has closed its Series B funding led by Target Global and Beringea, the latter of which previously led the Series A round.

Key Points: 
  • Zoovu , a leading artificial intelligence (AI) digital sales assistant platform, today announced that it has closed its Series B funding led by Target Global and Beringea, the latter of which previously led the Series A round.
  • With this round, Zoovu has received a total of $25 million in funding to date.
  • Zoovu is rapidly becoming the foundational provider of digital assistant software for the worlds leading brands and marketplaces, including Amazon, Canon, Coty and Wilson, said Vitkauskas.
  • We are confident that Zoovu is well-equipped to simplify the shopping journey and are eager to continue supporting their ongoing growth.

GLOBAL MALE GROOMING PRODUCT MARKET FORECAST 2019-2027

Retrieved on: 
Tuesday, January 29, 2019
Companies, Industries, Cosmetics, Palm oil, Unilever, Male grooming, Procter & Gamble, L'Occitane en Provence, Beiersdorf, Revlon, Coty, Inc., L'Oréal

The global male grooming product market has been appraised to grow with approximately 5.44% CAGR during the year 2019-2027 and is expected to gain $223,876 million by the end of the forecasting period 2019-2027.

Key Points: 
  • The global male grooming product market has been appraised to grow with approximately 5.44% CAGR during the year 2019-2027 and is expected to gain $223,876 million by the end of the forecasting period 2019-2027.
  • The male grooming product market is segmented by the geographic regions into North America, Asia Pacific, Europe and the remaining countries constituting the Rest of World segment.The market for male grooming services being almost mature in North America and Europe, vendors are now targeting emerging nations such as India and China for potential markets.
  • The expanding male consumer base and improvement in economic conditions are the key reasons fuelling the growth of the male grooming products markets in these countries.
  • The companies that are operating in the global male grooming market are Panasonic, Sally Beauty Holdings, Inc., Kao Corporation, Lvmh Moet Hennessy Louis Vuitton, Procter and Gamble, Shiseido, L'oreal Group, Coty Inc., Beiersdorf AG, Revlon, Unilever, The Este Lauder Companies Inc., Mary Kay, Avon and L'occitane International S.A.

Beauty Barrage Announces Hiring of Heather Forcari, VP of Learning and Development

Retrieved on: 
Monday, January 28, 2019
Marketing, Direct marketing, Business, Guthy-Renker, Renker, Market economics), Coty, Inc., Influencer marketing, Barrage, Coty, L'Oréal

NEWPORT BEACH, Calif., Jan. 28, 2019 /PRNewswire/ -- Beauty Barrage is pleased to announce and welcome Heather Forcari as Vice President of Learning & Development.

Key Points: 
  • NEWPORT BEACH, Calif., Jan. 28, 2019 /PRNewswire/ -- Beauty Barrage is pleased to announce and welcome Heather Forcari as Vice President of Learning & Development.
  • Heather will be responsible for the leadership of the Beauty Barrage Education team, creating customized educational solutions by developing new content, guidelines, training platforms and growth opportunities aimed at helping our brand-partners succeed at retail.
  • Beauty Barrage Founder and CEO, Sonia Summers said, "I'm so excited to have Heather join our team to help elevate our dedication to education that has been a cornerstone of our success.
  • Beauty Barrage is the leading solution for driving beauty brand revenue at retail by providing superior in-store sales and education through a dedicated team of micro-influencers that build customer loyalty for clients including L'Oreal, COTY, and Guthy Renker.

Coty Announces Executive Leadership Changes to Support Ongoing Transformation and Future Growth

Retrieved on: 
Friday, January 11, 2019
Luxury, Retail, Cosmetics, Business, Coty, Inc., Reckitt Benckiser, Coty, Business transformation, Procter & Gamble, Economy

Coty Inc. (NYSE:COTY) today announced a series of executive leadership changes to support its ongoing transformation and future growth.

Key Points: 
  • Coty Inc. (NYSE:COTY) today announced a series of executive leadership changes to support its ongoing transformation and future growth.
  • In connection with the continuing transformation of Consumer Beauty, Laurent Kleitman has decided to pursue other opportunities and will be leaving Coty.
  • During the past 20 months at Coty, Laurent has built a strong leadership team and commercial organization that will help the continuation of the business transformation.
  • Pierre Laubies, Cotys CEO, said, Todays organizational changes are important steps in supporting our ongoing transformation, as we complete the P&G Specialty Beauty Business integration and design our strategic roadmap for future growth.

Coty Unveils Wella Professionals AR Enabled Smart Mirror for Hair Salon at CES 2019

Retrieved on: 
Monday, January 7, 2019
Technology, Consumer electronics, Hardware, Networks, Retail, Cosmetics, Marketing, Augmented reality, Wella, Coty, Inc., Consumer Electronics Show, Business, Market economics)

Coty today unveiled the Wella Professionals augmented reality (AR) enabled Smart Mirror, which is powered by the award winning CareOS operating system.

Key Points: 
  • Coty today unveiled the Wella Professionals augmented reality (AR) enabled Smart Mirror, which is powered by the award winning CareOS operating system.
  • It is featured at CES 2019 as part of the CareOS Artmis connected Smart Mirror, which was named a CES 2019 Innovation Awards Honoree.
  • The revolutionary Smart Mirror was co-created with Wella Professionals hair stylists and salon owners, based on research to identify the biggest opportunities for innovation in the hair salon experience.
  • The Smart Mirror also integrates Perfect Corp.s YouCamMakeup AR & AI technology for live hair color try-on.

CareOS to Exhibit at CES 2019

Retrieved on: 
Sunday, January 6, 2019
Technology, Consumer electronics, Hardware, Software, Health, Other Health, Technology, Withings, Internet of things, Legrand, Coty, Inc., Economy of France, Human–computer interaction

CareOS, a Baracoda Group Company, delivers the first Health & Beauty platform for all areas of wellness.

Key Points: 
  • CareOS, a Baracoda Group Company, delivers the first Health & Beauty platform for all areas of wellness.
  • Along with the Artemis smart mirror, CareOS combines AI, AR, 4D, voice command, facial and object recognition into an immersive, personalized experience for every user.
  • From the connected shower to the scale to the toothbrush, more than 50 IoT devices and products are integrated into the platform.
  • CareOS partners include some global brands such as Groupe Seb, Coty, Legrand, Withings and Snips.