Coty news and archive

Self-destructive behaviour: Burberry not alone

Burberry, which has been in the crosshairs for burning tens of millions of dollars of its products, is far from the only firm to destroy unsold goods to maintain the exclusivity and luxury mystique of their brands. In its annual report the British fashion firm acknowledged that it had burned unsold clothes, accessories and perfume worth 28.6...

Fashion

Calvin Klein launches first perfume by Raf Simons

Calvin Klein has launched its first fragrance under Chief Creative Officer Raf Simons. Titled Calvin Klein Women, this week a worldwide print advertising campaign debuted to support the launch, directed by artist Anne Collier and creative direction from Lloyd & Co. Calvin Klein, who’s fragrances are licensed to Coty, have not released a...

Fashion

Fashion industry turns out for DKMS Gala

DKMS, an international nonprofit organization dedicated to eradicating blood cancers like Leukemia, held their 12th annual gala at Cipriani Wall Street on Wednesday, May 2. Members of the fashion industry were out to show their support, including iconic model Maye Musk, Camillo Pane, CEO of Coty Inc, and Frédéric de Narp, CEO of Bally. Pane,...

RetailFeatured

Mexx plots major EU relaunch: mini collection & focus on e-commerce

London - Things were relatively quiet over at Mexx following its take-over by Dutch company RNF Group. But the fashion brand is ready to jumped back into the limelight again, as its new owners have unveiled the first steps of Mexx's relaunch, which includes the launch of a mini collection and a renewed focus on e-commerce. Mexx and its...

Business|UPDATE

UPDATE: Burberry starts official beauty partnership with Coty

London - Burberry has announced the official start of its new, strategic partnership with Coty on Monday morning. The move signals the beginning of Burberry’s global licensing agreement with the beauty giant to accelerate the growth and development of its beauty business. “Following months of hard work to ensure a smooth transition, we are...

Report

Coty taps Coach Europe CEO as Senior VP

London - Coty, leading beauty firm, has named the former president and CEO of Coach Europe, Andrew Stanleick, as its Senior Vice President for Coty Consumer Beauty Europe. He is set to begin his new role today and will be working from Coty’s offices in Geneva, according to a report from WWD. Stanleick will be reporting directly to the President...

ManagementFeatured

Burberry Beauty signs global licensing agreement with Coty

London - Coty, one of the largest names in the beauty industry, has just entered into a strategic partnership with one of the leading names in the luxury fashion sector: Burberry. On Monday morning Coty Inc announced it has entered into an exclusive agreement to acquire the long-term global rights of Burberry Beauty cosmetics, skincare and...

RetailFeatured

Could luxury brands ban platforms from selling their products online?

London - The question if luxury brands should be sold in online marketplaces like Amazon, eBay or Alibaba has now become a legal issue, and has reached the highest court in Europe. The case could change the industry at large as brands are looking to protect their own equity interests. The Court of Justice of the European Union (ECJ) in...

Fashion Featured

Is the colour cosmetic industry the next step for designers and celebrities?

London - The cosmetics industry has always been seen as the natural extenstion of the fashion industry as the two go hand in hand. However, over the years more and more fashion brands have begun to encroach on the beauty market with the launch of their own in-house cosmetic ranges, which in turn has led to colour comestic brands seeking out...