Coty Inc
Coty was founded in Paris in 1904 by François Coty, a visionary in the perfume industry.
Today, Coty is the new emerging leader in beauty under the creative, entrepreneurial and visionary leadership of Chief Executive Officer Michele Scannavini.
With about 12,000 employees and three corporate headquarter offices (in New York, Paris and Geneva), we still honor François Coty’s mission to “offer a product of rich appearance that is affordable at a variety of price points,” by offering products from ultra-premium luxury to entertainment/lifestyle and accessible price points to match the lifestyle of our consumers.
Our unique portfolio of widely known brands in fragrance, color cosmetics (including nail), plus skin and body care supports net revenues of $4.1 billion for the fiscal year ended June 30, 2011.
Coty’s entrepreneurial culture is driven by a spirit of “FASTER. FURTHER. FREER” that gives us the agility to make fast decisions, push boundaries and support creativity. An example of our company embodying this philosophy is the rapid decision-making process that allowed us to make four major acquisitions (Dr. Scheller Cosmetics, OPI Products, philosophy and TJoy of China) within a few short months in 2010-2011.
We are a truly global player with offices in more than 30 countries and a strong presence in over 130 countries and territories. Our global manufacturing presence, including Research and Development Centers of Excellence, are spread across locations in Europe, the United States and China.
Due in large part to our global reach, Coty has made a commitment to help make the world a better place. Toward this end, we have significantly increased natural and organic ingredients in our products; and in partnership with DKMS, the world’s largest nonprofit bone-marrow-donor center, Coty has helped facilitate more than 29,000 bone-marrow transplants from a pool of more than 3 million registered donors.