Talk:Coty/Archives/2019
This is an archive of past discussions about Coty. Do not edit the contents of this page. If you wish to start a new discussion or revive an old one, please do so on the current talk page. |
Draft article
Hello again. I am back to propose some additional updates to this article. User:Fylbecatulous helped with some previous requests, but I'm very sorry to learn they are deceased. I appreciate their prior help, and hope to find someone else who is willing to review and implement my requests appropriately. As a reminder, I've been working with Coty to prepare an expanded and appropriately-sourced draft, as part of my work at Beutler Ink. I've worked to draft neutral wording, based on secondary coverage, and Coty has reviewed the draft for accuracy. I plan to submit a series of requests, working through the article section by section, and I invite editors to review them and update the article on my behalf, as I do not edit the main space directly. I'll submit my first request below, and editors can review the draft in its entirety here: User:Inkian Jason/Coty, Inc. Thanks in advance for any help and feedback. Inkian Jason (talk) 20:29, 12 December 2018 (UTC)
History section: 1900s–1920s
This edit request by an editor with a conflict of interest has now been answered. |
For my first request, I'd like to start by suggesting an improvement to the article's "History" section. Just last month, an editor added a brief overview of the company's early history, but before then, this was a major content gap. There is now one inline citation, but the tag "This section does not cite any sources" remains, and you'll notice the "1960s and 1970s" section is entirely unsourced. I plan to address this later. In the meantime, I propose replacing the current article's first section with the following: User:Inkian_Jason/Coty,_Inc.#1900s–1920s. The proposed "1900s–1920s" subsection provides an overview of the company's origins and early developments, major launches and collaborations, and headquarters locations, as well as when the company became publicly traded. I've also included an image of the company's founder, François Coty. I'm looking for an editor to review the proposed text and sourcing, and update the article appropriately.
Below I've provided a rendering of the proposed text, as well as markup for easier implementation:
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Coty was founded by François Coty in Paris in 1904.[1][2] The brand's first fragrance, La Rose Jacqueminot, was launched the same year and was packaged in a bottle designed by Baccarat.[3] L'Origan was launched in 1905; according to The Week, the perfume "started a sweeping trend throughout Paris" and was the first example of "a fine but affordable fragrance that would appeal both to the upper classes and to the less affluent, changing the way scents were sold forever".[4] Following its early successes, Coty was able to open its first store in 1908 in Paris' Place Vendôme.[3] Soon after, Coty began collaborating with French glass designer René Lalique to create custom fragrance bottles, labels, and other packaging materials, launching a new trend in mass-produced fragrance packaging.[5][6] Coty also established a "Perfume City" in the suburbs of Paris during the early 1910s to handle administration and fragrance production; the site was an early business supporter of female employees and offered benefits including child care.[3] The company began its global expansion in the early 1910s, first in London and New York.[7][8] Coty established U.S. headquarters at 714 Fifth Avenue in New York City, and commissioned Lalique to design pressed glass panels for the building's façade windows, which were installed in 1912.[5][9] Coty remained headquartered in the building until 1941.[9] The structure was later given landmark status by the New York City Landmarks Preservation Commission during the 1980s for its custom windows.[10][11] Coty began selling other beauty products including face and body powders in the 1910s, and launched one of its most successful fragrances, Chypre, in 1917. The company's products gained more attention in the United States as World War I soldiers started returning from France with gifts for loved ones. During the 1920s, Coty launched more than fifteen new fragrances, and expanded into Germany, Italy, Spain, and Switzerland.[5] Coty, Inc. was formed in New York in 1922, and became a publicly traded company in 1925.[12] |
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===1900s–1920s=== Coty was founded by [[François Coty]] in Paris in 1904.<ref name=SEC/><ref name="Wohl">{{cite news|last1=Wohl|first1=Jessica|title=Coty has staying power in bid for Avon|url=https://www.reuters.com/article/coty-avon-company-idUSL2E8F28HB20120402|accessdate=May 1, 2018|publisher=Reuters|date=April 2, 2012}}</ref> The brand's first fragrance, La Rose Jacqueminot, was launched the same year and was packaged in a bottle designed by [[Baccarat (company)|Baccarat]].<ref name="Critchell">{{cite news |last1=Critchell |first1=Samantha |title=Coty marks 100 years, taking time to smell success |accessdate=September 14, 2018 |work=[[Times Leader]] |date=November 8, 2004 |url=https://www.newspapers.com/newspage/408136386/}}</ref> L'Origan was launched in 1905; according to ''[[The Week]]'', the perfume "started a sweeping trend throughout Paris" and was the first example of "a fine but affordable fragrance that would appeal both to the upper classes and to the less affluent, changing the way scents were sold forever".<ref name="TheWeek">{{cite news |title=Perfume: A Sensory Journey at Somerset House |url=http://www.theweek.co.uk/85708/perfume-a-sensory-journey-at-somerset-house |accessdate=October 9, 2018 |work=[[The Week]] |date=June 16, 2017 |issn=1533-8304}}</ref> Following its early successes, Coty was able to open its first store in 1908 in Paris' [[Place Vendôme]].<ref name=Critchell/> Soon after, Coty began collaborating with French glass designer [[René Lalique]] to create custom fragrance bottles, labels, and other packaging materials, launching a new trend in mass-produced fragrance packaging.<ref name="First100">{{cite journal|title=COTY Inc. The First 100 Years.|journal=Women's Wear Daily|date=September 3, 2004|url=https://www.highbeam.com/doc/1G1-121682584.html|accessdate=May 8, 2018|subscription=yes|via=[[HighBeam Research]]}}</ref><ref name="Gaffney">{{cite web |last1=Gaffney |first1=Dennis |title=The Case of the Missing Perfume |url=http://www.pbs.org/wgbh/roadshow/fts/miami_200102A43.html |publisher=[[PBS]] |accessdate=September 13, 2018 |date=October 27, 2008}}</ref> Coty also established a "Perfume City" in the suburbs of Paris during the early 1910s to handle administration and fragrance production; the site was an early business supporter of female employees and offered benefits including child care.<ref name=Critchell/> The company began its global expansion in the early 1910s, first in London and New York.<ref name="Controlling">{{cite news |title=Coty Pays $400 Million to Buy Controlling Stake in China's TJoy |url=https://www.bloomberg.com/news/articles/2010-12-07/coty-pays-400-million-to-acquire-control-of-china-skin-care-company-tjoy |accessdate=September 14, 2018 |work=[[Bloomberg News]] |date=December 7, 2010 |quote=The company opened subsidiaries in New York and London in 1912...}}</ref><ref name="Scarred">{{cite news |title=Scarred Avon Is Takeover Target |url=https://www.wsj.com/articles/SB10001424052702304023504577319260943237998 |accessdate=September 14, 2018 |work=The Wall Street Journal |date=April 2, 2012 |first1=Emily |last1=Glazer |first2=Gina |last2=Chon |first3=Anupreeta |last3=Das |quote=1912: Subsidiaries opened in New York and London}}</ref> Coty established U.S. headquarters at 714 Fifth Avenue in New York City, and commissioned Lalique to design [[pressed glass]] panels for the building's façade windows, which were installed in 1912.<ref name=First100/><ref name="Gill">{{cite journal |last1=Gill |first1=Brendan |title=The Sky Line: 712 Fifth |journal=[[The New Yorker]] |date=June 10, 1991 |accessdate=September 14, 2018 |authorlink=Brendan Gill |url=http://archives.newyorker.com/default.aspx?iid=15812&startpage=page0000099}}</ref> Coty remained headquartered in the building until 1941.<ref name=Gill/> The structure was later given landmark status by the [[New York City Landmarks Preservation Commission]] during the 1980s for its custom windows.<ref name="Belle">{{cite news |title=A Belle of Fifth Avenue Returns, Freshened Up |url=https://www.nytimes.com/1991/02/28/nyregion/a-belle-of-fifth-avenue-returns-freshened-up.html |accessdate=September 14, 2018 |work=The New York Times |date=February 28, 1991}}</ref><ref name="Windows">{{cite journal |title=Windows |journal=The New Yorker |date=September 24, 1990 |page=12 |quote=By the time the panels and the five-story building that they fronted were slated to come down in 1985 to make way for a new office tower, most people had completely forgotten about them. They were saved by a last-minute reprieve from the city's Landmarks Preservation Commission, and the tower was built behind the historic structure.}}</ref> Coty began selling other beauty products including [[Face powder|face]] and [[body powder]]s in the 1910s, and launched one of its most successful fragrances, [[Chypre]], in 1917. The company's products gained more attention in the United States as [[World War I]] soldiers started returning from France with gifts for loved ones. During the 1920s, Coty launched more than fifteen new fragrances, and expanded into Germany, Italy, Spain, and Switzerland.<ref name=First100/> Coty, Inc. was formed in New York in 1922, and became a publicly traded company in 1925.<ref name="Jones">{{cite book |last1=Jones |first1=Geoffrey |title=Beauty Imagined: A History of the Global Beauty Industry |date=February 25, 2010 |publisher=OUP Oxford |page=107 |url=https://books.google.com/books?id=pRMUDAAAQBAJ&pg=PA107&lpg=PA107&dq#v=onepage&q&f=false |accessdate=September 14, 2018}}</ref> |
I believe this is a vast improvement over the existing text, and this update should make the "This section does not cite any sources" no longer applicable. Again, you can see how this section fits within the full draft at User:Inkian Jason/Coty, Inc. Thanks for your consideration. Inkian Jason (talk) 20:29, 12 December 2018 (UTC)
- Done I concur, the proposed changes are a vast improvement over the current incarnation and I've implemented them completely. Chetsford (talk) 07:49, 22 December 2018 (UTC)
- @Chetsford: Thanks for reviewing this request. Seems I failed to properly add paragraph breaks into the markup, so if you think the flow is better with some breaks, my proposed draft had some before "The company began its global expansion in the early 1910s..." and "Coty began selling other beauty products including face and body powders in the 1910s", as seen here. Either way, thanks again for your help. Inkian Jason (talk) 16:54, 22 December 2018 (UTC)
- Inkian Jason - I think this is fixed now. LMK if not. Chetsford (talk) 22:01, 28 December 2018 (UTC)
- @Chetsford: Thank you. I've submitted a request for the article's next section below, if you happen to have a moment to review. Inkian Jason (talk) 16:12, 2 January 2019 (UTC)
- Inkian Jason - I think this is fixed now. LMK if not. Chetsford (talk) 22:01, 28 December 2018 (UTC)
- @Chetsford: Thanks for reviewing this request. Seems I failed to properly add paragraph breaks into the markup, so if you think the flow is better with some breaks, my proposed draft had some before "The company began its global expansion in the early 1910s..." and "Coty began selling other beauty products including face and body powders in the 1910s", as seen here. Either way, thanks again for your help. Inkian Jason (talk) 16:54, 22 December 2018 (UTC)
History section: 1930s–1990s
This edit request by an editor with a conflict of interest has now been answered. |
For my next request, I'd like to focus on the "History" section covering the 1930s–1990s. You'll see the current "1960s and 1970s" and "1990s" sections are completely unsourced. I propose replacing these two section with the following single section, which can also be seen in my draft: User:Inkian_Jason/Coty,_Inc.#1930s–1990s:
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François Coty died in 1934; his family maintained control of the company and served as board members until the 1960s.[1] Coty's Air Spun face powder was launched in 1935.[2] The powder has been described by Real Simple as one of the "best beauty products of all time" and remains mostly unchanged.[3] In the 1940s, Coty became a major supporter of the growing American fashion industry, launching the Coty American Fashion Critics' Awards to recognize and promote emerging American fashion designers. Coty discontinued its participation in 1985.[4][5] Coty became a key player in the American lipstick market with the launch of Coty 24 in 1955. By the 1960s, Coty had become a leading fragrance manufacturer and marketer and the largest fragrance company in the U.S.[1] It attracted the attention of Pfizer, which acquired the company in 1963.[6][1] In 1991, the company had annual sales of approximately $280 million.[7][8] Pfizer sold Coty to Joh. A. Benckiser (now known as JAB Holding Company) in 1992. Coty was a strategic fit for Benckiser, which had another beauty subsidiary, as well as an international distribution network through which it could market Coty's products.[7] Coty's fragrances at the time included Emeraude, Exclamation, L'Effleur, Preferred Stock, Sand & Sable, Tribe, and Wild Musk.[7][9] Peter Harf, chairman and CEO of JAB since 1988, was named Coty's CEO in 1993.[1] Coty acquired Unilever's European cosmetic brands, including Rimmel, in 1996.[1] |
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François Coty died in 1934; his family maintained control of the company and served as board members until the 1960s.<ref name=First100/> Coty's Air Spun face powder was launched in 1935.<ref name=Critchell/> The powder has been described by ''[[Real Simple]]'' as one of the "best beauty products of all time" and remains mostly unchanged.<ref>{{cite news |title=The best beauty products of all time |url=https://www.cnn.com/2014/03/31/living/real-simple-legendary-beauty-products/index.html |accessdate=September 14, 2018 |work=[[Real Simple]] |via=CNN |date=March 31, 2014}}</ref> In the 1940s, Coty became a major supporter of the growing [[Fashion in the United States|American fashion]] industry, launching the [[Coty Awards|Coty American Fashion Critics' Awards]] to recognize and promote emerging American fashion designers. Coty discontinued its participation in 1985.<ref name="Discontinued">{{cite news|title=Coty Fashion Awards Discontinued|url=https://www.nytimes.com/1985/06/14/style/coty-fashion-awards-discontinued.html|accessdate=May 8, 2018|work=The New York Times|date=June 14, 1985}}</ref><ref>{{cite news|title=Requiem for Coty Awards: An Era Ends|url=http://articles.chicagotribune.com/1985-06-19/entertainment/8502090048_1_awards-board-cfda-annual-awards|accessdate=May 8, 2018|work=Chicago Tribune|date=June 19, 1985|first1=Genevieve|last1=Buck|first2=Sharon|last2=Stangenes}}</ref> Coty became a key player in the American lipstick market with the launch of Coty 24 in 1955. By the 1960s, Coty had become a leading fragrance manufacturer and marketer and the largest fragrance company in the U.S.<ref name=First100/> It attracted the attention of [[Pfizer]], which acquired the company in 1963.<ref name=Wohl/><ref name=First100/> In 1991, the company had annual sales of approximately $280 million.<ref name="Bryant">{{cite news|last1=Bryant|first1=Adam|title=Company News; Pfizer Agrees to Sell Coty Unit for $440 Million|url=https://www.nytimes.com/1992/05/05/business/company-news-pfizer-agrees-to-sell-coty-unit-for-440-million.html|accessdate=May 1, 2018|work=The New York Times|date=1992}}</ref><ref name="JOC">{{cite journal|title=Pfizer Said to Discuss Coty Sale to Germany|journal=[[The Journal of Commerce]]|date=March 17, 1992|url=https://www.joc.com/pfizer-said-discuss-coty-sale-germans_19920317.html|accessdate=May 1, 2018|publisher=[[JOC Group]] ([[IHS Markit]])|issn=1530-7557}}</ref> Pfizer sold Coty to Joh. A. Benckiser (now known as JAB Holding Company) in 1992. Coty was a strategic fit for Benckiser, which had another beauty subsidiary, as well as an international distribution network through which it could market Coty's products.<ref name=Bryant/> Coty's fragrances at the time included Emeraude, Exclamation, L'Effleur, Preferred Stock, Sand & Sable, Tribe, and Wild Musk.<ref name=Bryant/><ref name="LAT">{{cite news|title=Pfizer Selling Its Coty Unit to German Company : Restructuring: The divestiture will allow the pharmaceutical firm to focus on health care.|url=http://articles.latimes.com/1992-05-05/business/fi-1444_1_health-care|accessdate=May 1, 2018|work=Los Angeles Times|agency=Reuters|publisher=Tronc|date=May 5, 1992|issn=0458-3035|oclc=3638237}}</ref> Peter Harf, chairman and CEO of JAB since 1988, was named Coty's CEO in 1993.<ref name=First100/> Coty acquired [[Unilever]]'s European cosmetic brands, including Rimmel, in 1996.<ref name=First100/> |
Again, I think this sourced version is a vast improvement over the existing text. I'm hoping Chetsford or another editor can review the proposed content and update the article appropriately. I've shared markup for easier copying and pasting, if helpful. Thanks for your consideration, Inkian Jason (talk) 16:54, 22 December 2018 (UTC)
- Thanks for your help, Jordano53. I'll post another request for the next section soon. Inkian Jason (talk) 23:17, 11 January 2019 (UTC)
History section: 2000s and 2010s
This edit request by an editor with a conflict of interest has now been answered. |
For my next request, I'd like to focus on the article's current "Recent history" subsection. This section reads like a long wall of text, and because there were many recent developments, I propose splitting this section into two -- one for the 2000s, as seen here, and another for the 2010s, as seen here.
In terms of sourcing, the current "Recent history" section is subpar. There are several unsourced claims, 5 instances in which a press release is used as an inline citation, and 6 instances in which the Coty website is used as an inline citation. I've worked to draft neutral overviews of the company's history for each decade, using Wikipedia-appropriate sourcing. Specifically, I propose replacing the current "Recent history" subsections with the following two subsections:
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During the mid 2000s, the company focused on marketing celebrity-endorsed fragrances, including David Beckham, Céline Dion, Jennifer Lopez, Mary-Kate and Ashley Olsen, Sarah Jessica Parker, and Shania Twain.[1] Coty also expanded its portfolio of luxury fragrances. It purchased the fragrance license for fashion designer Marc Jacobs in 2003.[2] The company's revenue increased from $1.9 billion to $2.1 billion during 2004–2005.[1][3] In 2005, Coty purchased additional licenses for Calvin Klein, Cerruti, Chloé, Lagerfeld, and Vera Wang from Unilever.[4] These newest acquisitions, along with existing portfolio licenses including Adidas, Davidoff, and JOOP!,[5][6] made Coty the largest global fragrance maker.[7][3] Coty acquired Del Laboratories' parent company, DLI Holding Corp., in 2007, adding the Sally Hansen and NYC New York Color brands to Coty's portfolio.[8][9] The company entered into license agreements with Balenciaga in 2008 and Bottega Veneta in 2009.[10][11][12] References
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===2000s=== In 2005, Coty purchased additional licenses for Calvin Klein, [[Cerruti]], Chloé, Lagerfeld, and [[Vera Wang]] from Unilever.<ref>{{cite news|title=Coty to Buy Unilever's Perfume Business|url=http://articles.latimes.com/2005/may/21/business/fi-rup21.5|accessdate=May 1, 2018|work=Los Angeles Times|agency=Associated Press|date=May 21, 2005}}</ref> These newest acquisitions, along with existing portfolio licenses including Adidas, [[Davidoff]], and [[JOOP!]],<ref name="Unilever">{{cite news|title=Unilever sells perfume unit to Coty|url=https://www.ft.com/content/a45ccb18-c930-11d9-b9f4-00000e2511c8|accessdate=May 1, 2018|work=Financial Times|date=May 20, 2005|first1=Jonathan|last1=Birchall|first2=Kate|last2=Mackenzie}}</ref><ref name="MW">{{cite news|last1=Murray-West|first1=Rosie|title=Unilever finds allure in $800m sale of fragrances|url=https://www.telegraph.co.uk/finance/2916101/Unilever-finds-allure-in-800m-sale-of-fragrances.html|accessdate=May 1, 2018|work=[[The Daily Telegraph]]|publisher=[[Telegraph Media Group]]|date=May 21, 2005|issn=0307-1235|oclc=49632006}}</ref> made Coty the largest global fragrance maker.<ref name=Wohl/><ref name=Boorstin/> Coty acquired Del Laboratories' parent company, DLI Holding Corp., in 2007, adding the Sally Hansen and NYC New York Color brands to Coty's portfolio.<ref>{{cite journal |last1=Prior |first1=Molly |title=Coty Buys Del Labs |journal=Women's Wear Daily |date=December 7, 2007 |url=https://wwd.com/beauty-industry-news/beauty-features/coty-buys-del-labs-1027775/ |accessdate=October 8, 2018}}</ref><ref>{{cite news |last1=Kardos |first1=Donna |title=Coty to Acquire Del Labs Parent |url=https://www.wsj.com/articles/SB119704292157417222 |accessdate=October 8, 2018 |work=The Wall Street Journal |date=December 7, 2007}}</ref> The company entered into license agreements with [[Balenciaga]] in 2008 and [[Bottega Veneta]] in 2009.<ref name="Balenciaga">{{cite journal|first1=Julie|last1=Naughton|first2=Miles|last2=Socha|title=Balenciaga Signs Deal with Coty Prestige|journal=Women's Wear Daily|date=October 10, 2008|url=http://wwd.com/beauty-industry-news/fragrance/balenciaga-signs-deal-with-coty-prestige-1832642/|accessdate=May 8, 2018}}</ref><ref>{{cite news |last1=Brien |first1=Caroline |title=The slow fragrance movement |url=https://www.ft.com/content/fc39dd18-b852-11e0-8d23-00144feabdc0 |accessdate=October 8, 2018 |work=Financial Times |date=August 5, 2011}}</ref><ref>{{cite news |title=Bottega Veneta teams with Coty for first fragrance |url=https://www.marketingweek.com/2009/12/04/bottega-veneta-teams-with-coty-for-first-fragrance/ |accessdate=October 8, 2018 |work=[[Marketing Week]] |date=December 4, 2009 |publisher=[[Centaur Media]] |issn=0141-9285}}</ref> |
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In 2010, Coty purchased nail polish maker OPI Products,[1] as well as the skin care brand philosophy from The Carlyle Group.[2][3] The company also entered into a license agreement with Miu Miu, a subsidiary of Prada.[4] Coty filed to go public in June 2012, and raised approximately $1 billion during its initial public offering (IPO) one year later.[5][6] The IPO, held in 2013, was the third largest in the US at the time and the largest by a final goods company since Michael Kors.[5] CNNMoney described the offering as the "largest U.S.-listed IPO for a consumer products company".[6] Coty acquired Bourjois in 2014.[7] During 2015–2016, Coty acquired 41 beauty brands from Procter & Gamble (collectively known as Galleria),[8] including Clairol, CoverGirl, Gucci, Hugo Boss, Max Factor, and Wella.[9][10][11] The agreement, completed as a Reverse Morris Trust, made Coty the third largest global seller of cosmetics.[12][13][14] Coty also acquired the digital marketing technology agency Beamly in 2015.[15][16][17] The company entered into a license agreement with Tiffany & Co. in 2016.[18] During 2016–2017, Coty acquired Hypermarcas' (now known as Hypera Pharma) beauty and personal care business, ghd, and became a majority stakeholder in the peer to peer digital beauty company Younique.[19] Younique had approximately 80,000 sellers when Coty purchased a 60 percent stake in January 2017, and surpassed 230,000 sellers by December.[20] Coty acquired licenses to Burberry's cosmetics and fragrance brands in April 2017.[21] In July, Coty added the skincare brand philosophy to Tmall,[22] and launched other brands on the platform as well.[23][24] In December 2017, the Court of Justice of the European Union's European Court of Justice ruled that Coty did not violate competition laws by forbidding German distributor Parfümerie Akzente from selling products via Amazon, and that luxury brands are allowed to prohibit distributors from selling through third-party platforms.[25][26][27] Previously, according to the United States House Committee on the Judiciary, Coty supported the Stop Online Piracy Act, a bill introduced to expand the ability of U.S. law enforcement to combat copyright infringement and counterfeit goods trafficking, in late 2011.[28][29] Coty developed "Let's Get Ready" for the Amazon Echo Show, part of the Amazon Echo line of products and designed around Amazon's virtual assistant, Alexa. The guide debuted in early 2018 and presents looks and products to users, which can be added to shopping carts.[30] In February, Coty created a startup accelerator focused on artificial intelligence.[31][32] The company underwent refinancing of debt, including debt associated with Galleria, in March 2018.[8] References
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===2010s=== Coty filed to go public in June 2012, and raised approximately $1 billion during its [[initial public offering]] (IPO) one year later.<ref name="Pandey">{{cite news|last1=Pandey|first1=Ashutosh|title=Coty fails to charm investors in market debut|url=https://www.reuters.com/article/us-coty-ipo/coty-fails-to-charm-investors-in-market-debut-idUSBRE95C0P420130613|accessdate=April 30, 2018|publisher=Reuters|date=June 13, 2013}}</ref><ref name="Zhu">{{cite news|last1=Zhu|first1=Wenqian|title=Coty makes its public debut|url=http://money.cnn.com/2013/06/13/investing/coty-ipo/index.html|accessdate=April 30, 2018|work=CNNMoney|date=June 13, 2013}}</ref> The IPO, held in 2013, was the third largest in the US at the time and the largest by a [[final goods]] company since [[Michael Kors (brand)|Michael Kors]].<ref name=Pandey/> [[CNNMoney]] described the offering as the "largest U.S.-listed IPO for a consumer products company".<ref name=Zhu/> Coty acquired [[Bourjois]] in 2014.<ref name="Wendlandt">{{cite news |last1=Wendlandt |first1=Astrid |title=Coty to buy Chanel's Bourjois cosmetics brand in shares |url=https://www.reuters.com/article/us-coty-chanel/coty-to-buy-chanels-bourjois-cosmetics-brand-in-shares-idUSKCN0HW1JS20141007 |accessdate=October 8, 2018 |publisher=Reuters |date=October 7, 2014}}</ref> During 2015–2016, Coty acquired 41 beauty brands from Procter & Gamble (collectively known as Galleria),<ref name="Ruckin">{{cite news|last1=Ruckin|first1=Claire|title=Coty launches $8 billion-equivalent jumbo refinancing|url=https://www.reuters.com/article/us-coty-leveraged-loans/coty-launches-8-billion-equivalent-jumbo-refinancing-idUSKBN1GV282|accessdate=April 27, 2018|publisher=Reuters|date=March 19, 2018}}</ref> including Clairol, CoverGirl, Gucci, Hugo Boss, Max Factor, and Wella.<ref name="Coolidge">{{cite news|last1=Coolidge|first1=Alexander|title=Coty raises P&G beauty estimated cost cuts|url=https://www.cincinnati.com/story/money/2016/05/03/coty-raises-pg-beauty-estimated-cost-cuts/83888114/|accessdate=April 24, 2018|work=[[The Cincinnati Enquirer]]|publisher=[[Gannett Company]]|date=May 3, 2016|oclc=51645694}}</ref><ref name="Kosman">{{cite journal|last1=Kosman|first1=Josh|title=Coty Inc. acquires beauty product lines from P&G for $12B|journal=[[New York Post]]|date=June 15, 2015|url=https://nypost.com/2015/06/15/coty-inc-acquires-beauty-product-lines-from-pg/|accessdate=April 24, 2018|publisher=News Corp|issn=1090-3321}}</ref><ref name="Daneshkhu">{{cite news|last1=Daneshkhu|first1=Scheherazade|title=Coty shares shine as P&G acquisitions begin to pay off|url=https://www.ft.com/content/87ec60b2-0cc8-11e8-8eb7-42f857ea9f09|accessdate=April 27, 2018|work=Financial Times|date=February 8, 2018}}</ref> The agreement, completed as a [[Reverse Morris Trust]], made Coty the third largest global seller of cosmetics.<ref name="Wong">{{cite news |last1=Wong |first1=Stephanie Hoi-Nga |title=Coty Slides Amid Challenges Integrating P&G's Beauty Brands |url=https://www.bloomberg.com/news/articles/2017-08-22/coty-challenges-persist-as-it-integrates-p-g-s-beauty-brands |accessdate=November 2, 2018 |work=Bloomberg.com |date=August 22, 2017}}</ref><ref name="Wylie">{{cite journal|last1=Wylie|first1=Melissa|title=After CoverGirl refresh, Coty turns to Clairol|date=March 26, 2018|url=https://www.bizjournals.com/bizwomen/news/latest-news/2018/03/after-covergirl-refresh-coty-turns-to-clairol.html|accessdate=April 24, 2018|publisher=[[The Business Journals]] ([[American City Business Journals]])}}</ref><ref>{{cite journal|title=Coty falls after revealing quarterly loss|journal=Financial Times|date=August 22, 2017|first1=Pan Kwan|last1=Yuk|first2=Adam|last2=Samson|url=https://www.ft.com/content/5dc3b2e1-a762-3079-a670-cf2fddbd976e|accessdate=April 24, 2018}}</ref> Coty also acquired the [[digital marketing]] technology agency [[Beamly]] in 2015.<ref name="Gears">{{cite journal|last1=Neff|first1=Jack|title=Coty Acquires Content Agency Beamly as It Gears Up for P&G Deal|journal=Advertising Age|date=October 19, 2015|url=http://adage.com/article/cmo-strategy/coty-acquires-content-agency-beamly/300962/|accessdate=May 7, 2018}}</ref><ref name="Borchardt">{{cite journal|last1=Borchardt|first1=Debra|title=Coty Acquires Digital Firm Beamly|journal=Women's Wear Daily|date=October 19, 2015|url=http://wwd.com/business-news/financial/coty-acquisition-beamly-10264866/|accessdate=May 7, 2018}}</ref><ref name="Fildes">{{cite news|last1=Fildes|first1=Nic|title=Beamly up, Coty, the deal's done|url=https://www.thetimes.co.uk/article/beamly-up-coty-the-deals-done-n6fhkv65hfq|accessdate=May 7, 2018|work=[[The Times]]|publisher=[[News UK]]|date=October 20, 2015|issn=0140-0460}}</ref> The company entered into a license agreement with [[Tiffany & Co.]] in 2016.<ref>{{cite journal |title=Coty, Tiffany Ink Fragrance Licensing Deal |journal=Women's Wear Daily |date=January 27, 2016 |url=https://wwd.com/beauty-industry-news/fragrance/coty-tiffany-fragrance-deal-10330639/ |accessdate=October 8, 2018 |first1=Julie |last1=Naughton |first2=Peter |last2=Born}}</ref> During 2016–2017, Coty acquired Hypermarcas' (now known as [[Hypera Pharma]]) beauty and [[personal care]] business, ghd, and became a majority stakeholder in the peer to peer digital beauty company Younique.<ref name="Jump">{{cite news|title=Coty profit and sales beat as acquisitions pay off; shares jump|url=https://www.reuters.com/article/us-coty-results/coty-profit-and-sales-beat-as-acquisitions-pay-off-shares-jump-idUSKBN1861E4|accessdate=April 27, 2018|publisher=Reuters|date=May 10, 2017}}</ref> Younique had approximately 80,000 sellers when Coty purchased a 60 percent stake in January 2017, and surpassed 230,000 sellers by December.<ref name="Schiffer">{{cite news|last1=Schiffer|first1=Jessica|title=Coty's investment in peer-to-peer beauty brand Younique is paying off|url=https://digiday.com/marketing/cotys-investment-peer-peer-beauty-brand-younique-paying-off/|accessdate=April 27, 2018|work=[[Digiday]]|date=February 20, 2018}}</ref> Coty acquired licenses to [[Burberry]]'s cosmetics and fragrance brands in April 2017.<ref name="Buckley">{{cite news|last1=Buckley|first1=Thomas|title=Burberry Licenses Its Fragrance and Make-Up Brands to Coty|url=https://www.bloomberg.com/news/articles/2017-04-03/burberry-licenses-its-fragrance-and-make-up-brands-to-coty|accessdate=April 27, 2018|publisher=Bloomberg L.P.|date=April 3, 2017|website=Bloomberg.com}}</ref> In July, Coty added the skincare brand [[Philosophy (brand)|philosophy]] to [[Tmall]],<ref>{{cite journal |last1=Strugatz |first1=Rachel |title=Philosophy Turns to Influencers for China Launch |journal=Women's Wear Daily |date=October 3, 2017 |url=https://wwd.com/beauty-industry-news/products/philosophy-turns-to-influencer-michelle-chen-for-china-launch-11017979/ |accessdate=October 29, 2018 |quote=The Coty Inc.-owned brand entered the Chinese market for the first time — via a pre-launch on Tmall in mid-July...}}</ref> and launched other brands on the platform as well.<ref name=Collins>{{cite journal |last1=Collins |first1=Allison |title=Cover Girl 'Seeing Signs of Success', Coty CEO Says |journal=Women's Wear Daily |date=May 10, 2018 |url=https://www.pressreader.com/usa/wwd-digital-daily/20180510/281522226725559 |accessdate=August 8, 2018| via=[[PressReader]] |quote=The company relaunched Cover Girl, Clairol and Max Factor.}}</ref><ref name="Ying">{{cite news|last1=Ying|first1=Wang|title=Coty's skincare line jumps on Tmall bandwagon|url=http://www.chinadaily.com.cn/business/2017-07/15/content_30122833.htm|accessdate=April 27, 2018|work=[[China Daily]]|date=July 15, 2017}}</ref> In December 2017, the [[Court of Justice of the European Union]]'s [[European Court of Justice]] ruled that Coty did not violate [[competition law]]s by forbidding German distributor Parfümerie Akzente from selling products via [[Amazon (company)|Amazon]], and that luxury brands are allowed to prohibit distributors from selling through third-party platforms.<ref name="Toplensky">{{cite journal|last1=Toplensky|first1=Rochelle|title=ECJ rules in favour of Coty over online sales ban|journal=Financial Times|date=December 6, 2017|url=https://www.ft.com/content/ccc6504a-da7c-11e7-a039-c64b1c09b482|accessdate=April 24, 2018}}</ref><ref name="Meyer">{{cite journal|last1=Meyer|first1=David|title=Luxury Brands Win a Crucial Victory in Battle Against Amazon Distribution|journal=[[Fortune (magazine)|Fortune]]|date=December 6, 2017|url=http://fortune.com/2017/12/06/amazon-luxury-brands-coty-eu-court-ruling/|accessdate=April 24, 2018|publisher=[[Time Inc.]] ([[Meredith Corporation]])|issn=0015-8259}}</ref><ref name="Chee">{{cite news|last1=Chee|first1=Foo Yun|title=Luxury brands lifted by EU court backing for online sales ban|url=https://www.reuters.com/article/us-luxury-ecommerce-eu-coty/luxury-brands-lifted-by-eu-court-backing-for-online-sales-ban-idUSKBN1E00VZ|accessdate=April 27, 2018|publisher=Reuters|date=December 6, 2017}}</ref> Previously, according to the [[United States House Committee on the Judiciary]], Coty supported the [[Stop Online Piracy Act]], a [[Bill (law)|bill]] introduced to expand the ability of U.S. law enforcement to combat [[copyright infringement]] and [[Counterfeit consumer goods|counterfeit goods]] trafficking, in late 2011.<ref name="Cout">{{cite web|last1=Couts|first1=Andrew|title=The 439 organizations SOPA opponents should worry about|url=https://www.digitaltrends.com/opinion/the-439-organizations-sopa-opponents-should-worry-about/|website=[[Digital Trends]]|accessdate=May 7, 2018}}</ref><ref name="Sheets">{{cite news|last1=Sheets|first1=Connor Adams|title=SOPA Supporters: Companies and Groups that Support the Controversial Bill|url=http://www.ibtimes.com/sopa-supporters-companies-groups-support-controversial-bill-391250|accessdate=May 7, 2018|work=[[International Business Times]]|publisher=[[Newsweek Media Group]]|date=January 5, 2012}}</ref> Coty developed "Let's Get Ready" for the [[Amazon Echo Show]], part of the [[Amazon Echo]] line of products and designed around [[Amazon.com|Amazon]]'s [[Virtual assistant (artificial intelligence)|virtual assistant]], [[Amazon Alexa|Alexa]]. The guide debuted in early 2018 and presents looks and products to users, which can be added to [[Shopping cart software|shopping carts]].<ref name="Echo">{{cite journal|last1=Collins|first1=Allison|title=Coty Develops Amazon Echo Show Technology|journal=Women's Wear Daily|date=January 17, 2018|url=http://wwd.com/beauty-industry-news/beauty-features/coty-develops-amazon-echo-show-technology-11097135/|accessdate=April 27, 2018}}</ref> In February, Coty created a [[startup accelerator]] focused on [[artificial intelligence]].<ref>{{cite news |last1=Lepitak |first1=Stephen |title=Coty focuses on AI with growth accelerator competition |url=https://www.thedrum.com/news/2018/02/21/coty-focuses-ai-with-growth-accelerator-competition |accessdate=August 7, 2018 |work=The Drum |date=February 21, 2018}}</ref><ref>{{cite journal |last1=Collins |first1=Allison |title=Coty Starts Digital Accelerator Start-up Program |journal=Women's Wear Daily |date=February 21, 2018 |url=https://wwd.com/business-news/technology/coty-starts-digital-accelerator-start-up-program-1202577147/ |accessdate=August 7, 2018}}</ref> The company underwent refinancing of debt, including debt associated with Galleria, in March 2018.<ref name="Ruckin"/> |
Like before, I think these overviews are vast improvements over the existing text. I'm hoping Jordano53 or another editor can review the proposed content and update the article appropriately. I've shared markup for easier copying and pasting, if helpful. Thanks in advance, Inkian Jason (talk) 03:49, 12 January 2019 (UTC)
- Done I've added the requested subtopics, as I believe they are an improvement over the past content. --Jordano53 (talk) 04:08, 12 January 2019 (UTC)
- Thanks again for your help, Jordano53. Inkian Jason (talk) 19:21, 12 January 2019 (UTC)
"Corporate overview" and "Brands and products"
This edit request by an editor with a conflict of interest has now been answered. |
With the "History" overhaul complete, I'd like to propose adding "Corporate overview" and "Brands and products" sections. The current article dives right into the company's history, without really providing a snapshot of the company's portfolio, structure, or leadership.
I've proposed "Corporate overview" and "Brands and products" sections here and here, respectively. I've worked to draft neutral summaries using Wikipedia-appropriate sourcing. The "Corporate overview" includes mention of the company's market positions, revenue for 2018, structure, mission, number of employees, headquarters locations, leadership, and stock information. The "Brands and products" section lists brands and products associated with the company, many of which are independently notable. Please see specific text, sourcing, and markup below:
Rendering of "Corporate overview" subsection
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Coty is one of the world's largest beauty companies and the largest fragrance company,[1][2] with over $9 billion in revenue for the fiscal year ending in June 2018.[3] Coty acquired 41 beauty brands from Procter & Gamble in 2016,[4] becoming the global leader in fragrance, the second largest company for hair color and styling products,[5] and the third largest company for color cosmetics.[6] The company operates three divisions: Consumer Beauty, which focuses on body care, color cosmetics, fragrances, and hair coloring and styling products; Luxury, for luxury cosmetic, fragrance, and skin care products; and Professional Beauty, which services beauty salon and nail salon professionals.[7][8] Coty's mission is to "celebrate and liberate the diversity of beauty".[9] The company has approximately 20,000 full-time employees in 46 countries, as of mid 2018.[3] Coty's executive offices are located in London.[10] The Consumer Beauty, Luxury, and Professional Beauty divisions are headquartered in New York City, Paris, and Geneva, respectively.[3] Peter Harf serves as Coty's chairman.[11] Pierre Laubies serves as CEO.[11] Ayesha Zafar was appointed interim chief financial officer in September 2018.[12] Class A shares are traded on the New York Stock Exchange under the symbol "COTY".[3] JAB Holding Company is Coty's largest shareholder, with a 37 percent stake.[13] References
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==Corporate overview== The company has approximately 20,000 full-time employees in 46 countries, as of mid 2018.<ref name=SEC/> Coty's executive offices are located in London.<ref name="Kilgore">{{cite news |last1=Kilgore |first1=Tomi |title=Coty to move executive offices to London |url=https://www.marketwatch.com/story/coty-to-move-executive-offices-to-london-2015-11-03 |accessdate=August 6, 2018 |work=MarketWatch |publisher=[[Dow Jones & Company]] |date=November 3, 2015}}</ref> The Consumer Beauty, Luxury, and Professional Beauty divisions are headquartered in New York City, Paris, and Geneva, respectively.<ref name="SEC"/> Peter Harf serves as Coty's [[chairman]].<ref name="Replaces">{{cite news |title=Cosmetics giant Coty replaces CEO, chairman |url=https://www.reuters.com/article/us-coty-ceo-pane/cosmetics-giant-coty-replaces-ceo-chairman-idUSKCN1NH1JT |accessdate=November 28, 2018 |publisher=[[Reuters]] |date=November 12, 2018 |first1=Nivedita |last1=Balu |first2=Jaslein |last2=Mahil}}</ref> Pierre Laubies serves as [[Chief executive officer|CEO]].<ref name=Replaces/> Ayesha Zafar was appointed interim [[chief financial officer]] in September 2018.<ref name="Urdang">{{cite journal |last1=Urdang |first1=Joan |title=CFOs on the Move: Week Ending Aug. 24 |journal=[[CFO (magazine)|CFO]] |date=August 24, 2018 |url=http://ww2.cfo.com/people/2018/08/cfos-on-the-move-week-ending-aug-24/ |accessdate=October 9, 2018}}</ref> [[Class A share]]s are traded on the [[New York Stock Exchange]] under the symbol "COTY".<ref name=SEC/> [[JAB Holding Company]] is Coty's largest shareholder, with a 37 percent stake.<ref name="Rebound">{{cite news|title=Coty sales rebound in first sign of turnround|url=https://www.ft.com/content/d7d704d8-359b-11e7-99bd-13beb0903fa3|accessdate=April 27, 2018|work=Financial Times|date=May 10, 2017|first1=Scheherazade|last1=Daneshkhu|first2=Pan Kwan|last2=Yuk|issn=0307-1766}}</ref> |
Rendering of "Brand and products" subsection
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Coty owns approximately 77 brands, as of 2018.[1] Brands in the company's portfolio include:[2]
Coty relaunched the CoverGirl and Clairol brands, including the Nice 'n Easy hair coloring product, in late 2017 and early 2018, respectively. The relaunches included new messaging and product development, with an emphasis on diversity.[15][19][20] The company also relaunched Max Factor in 2018.[21][22][23] References
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==Brands and products== {{div col|colwidth=15em}} Coty relaunched the CoverGirl and Clairol brands, including the [[Nice 'n Easy (hair coloring)|Nice 'n Easy]] hair coloring product, in late 2017 and early 2018, respectively. The relaunches included new messaging and product development, with an emphasis on diversity.<ref name=Wylie/><ref>{{cite news |last1=Schiffer |first1=Jessica |title=A complete breakdown of the Covergirl relaunch |url=https://digiday.com/marketing/complete-breakdown-covergirl-relaunch/ |accessdate=August 6, 2018 |work=[[Digiday]] |date=November 28, 2017}}</ref><ref name="Relaunch">{{cite web|last1=Schiffer|first1=Jessica|title=Inside Coty's relaunch of Clairol|url=https://www.glossy.co/new-face-of-beauty/inside-cotys-relaunch-of-clairol|website=Glossy.co|accessdate=March 26, 2018}}</ref> The company also relaunched Max Factor in 2018.<ref>{{cite news |last1=Daneshkhu |first1=Scheherazade |title=Coty’s brighter sales outlook refreshes shares |url=https://www.ft.com/content/8586a44e-0cf1-11e8-8eb7-42f857ea9f09 |accessdate=August 8, 2018 |work=Finanial Times |date=February 8, 2018}}</ref><ref>{{cite journal |last1=Marfil |first1=Lorelei |title=Exclusive: Max Factor Unveils New Direction, Focuses on Diversity |journal=Women's Wear Daily |date=January 23, 2018 |url=https://wwd.com/beauty-industry-news/color-cosmetics/exclusive-max-factor-unveils-new-direction-focuses-diversity-11119817/ |accessdate=August 8, 2018}}</ref><ref name=Collins>{{cite journal |last1=Collins |first1=Allison |title=Cover Girl 'Seeing Signs of Success', Coty CEO Says |journal=Women's Wear Daily |date=May 10, 2018 |url=https://www.pressreader.com/usa/wwd-digital-daily/20180510/281522226725559 |accessdate=August 8, 2018| via=[[PressReader]] |quote=The company relaunched Cover Girl, Clairol and Max Factor.}}</ref> |
Again, I don't edit articles directly because of my conflict of interest, so I'm hoping User:Jordano53 or another edit will review the proposed text and update the live article. I should note, both sections refer the the source called "SEC", which refers to the SEC filing defined in the article's infobox. The current article uses the 2017 filing, and the 2018 filing is now available. Therefore, as part of this request, I also proposing replacing the current article's infobox with the one seen here, which includes updated information as well as changes to the "Key people" field. Thanks again in advance. Inkian Jason (talk) 19:21, 12 January 2019 (UTC)
- Done I have added the requested sections. I modified the 'Sally Hansen' link to go to the section of Sally Hansen's biography page that actually talks about the brand. --Jordano53 (talk) 19:43, 12 January 2019 (UTC)
- @Jordano53: Thanks again for your help. I had envisioned the "Brands and products" section living below the "Corporate overview" section, since this is more of an overview of the company's profile and notable subsidiaries, but I understand if you prefer having this content below the "History" section. I did notice one thing about the infobox: seems I accidentally forgot to include François Coty as the founder in the updated version. Do you mind adding his name back to the infobox? Thanks again, Inkian Jason (talk) 19:46, 12 January 2019 (UTC)
- I have added François Coty back into the infobox, and I rearranged the order of sections as well. --Jordano53 (talk) 19:55, 12 January 2019 (UTC)
- @Jordano53: Thank you. However, I should say, "Corporate overview" sections are almost always the first section of the article body. Do you mind moving the "Corporate and overview" and "Brands and products" sections up top, so they show up before the "History"? Inkian Jason (talk) 19:58, 12 January 2019 (UTC)
- Got it. Rearranged the two sections up top. --Jordano53 (talk) 20:02, 12 January 2019 (UTC)
- @Jordano53: Thank you! Inkian Jason (talk) 20:02, 12 January 2019 (UTC)
- Got it. Rearranged the two sections up top. --Jordano53 (talk) 20:02, 12 January 2019 (UTC)
- @Jordano53: Thank you. However, I should say, "Corporate overview" sections are almost always the first section of the article body. Do you mind moving the "Corporate and overview" and "Brands and products" sections up top, so they show up before the "History"? Inkian Jason (talk) 19:58, 12 January 2019 (UTC)
- I have added François Coty back into the infobox, and I rearranged the order of sections as well. --Jordano53 (talk) 19:55, 12 January 2019 (UTC)
"Environmental practices and social causes", "Rankings", and "See also"
This edit request by an editor with a conflict of interest has now been answered. |
@Jordano53: You've been very helpful with reviewing proposed changes and updating the live article. I was wondering if you'd be willing to add the "Environmental practices", "Ranking", and "See also" sections seen here, here, and here, respectively, in order to finish up the article. Again, I've drafted neutral content based on secondary coverage. The ranking are all very straightforward, and the "See also" section includes some links related to the company but not mentioned elsewhere in the article's prose. I'll have to double check, but with these changes made, I believe this may be my last request for implementing the draft, at least for now. I've not included collapsed markup here, since the sections can easily be copied over from the draft page, but I'm happy to add markup here as well, if needed.
Thanks for your consideration, Inkian Jason (talk) 20:02, 12 January 2019 (UTC)
- Done I've added the 3 sections in the correct order. --Jordano53 (talk) 20:09, 12 January 2019 (UTC)
- @Jordano53: I can't thank you enough for reviewing so much content. Thanks for taking time to review and update the live article. Inkian Jason (talk) 20:11, 12 January 2019 (UTC)
- @Inkian Jason: No problem! --Jordano53 (talk) 20:14, 12 January 2019 (UTC)
CFO
This edit request by an editor with a conflict of interest has now been answered. |
Hello again. I have another request to update this article, based on a recent CFO appointment.
Specifically, I propose removing the following sentence:
- Ayesha Zafar was appointed interim chief financial officer in September 2018.[1]
And replacing with the following sentence:
- Pierre-André Terisse was appointed chief financial officer in January 2019.[2]
References
- ^ Urdang, Joan (August 24, 2018). "CFOs on the Move: Week Ending Aug. 24". CFO. Retrieved October 9, 2018.
- ^ Trentmann, Nina (January 11, 2019). "Cosmetics Group Coty Names New CFO As it Seeks Turnaround". The Wall Street Journal. Retrieved January 15, 2019.
@Jordano53: Do you mind reviewing this request? Thanks for your consideration. Inkian Jason (talk) 19:52, 15 January 2019 (UTC)
- Implementing this change. --Jordano53 (talk) 22:16, 15 January 2019 (UTC)
- Thanks again for your help. Inkian Jason (talk) 22:34, 15 January 2019 (UTC)
Company name
The article's title is Coty, Inc. (with a comma). It appears that the company name used to be Coty, Inc. but is now Coty Inc. (without a comma), as seen here, which shows Coty Inc. as the "exact name of registrant as specified in its charter". Perhaps an editor could revise the article's title to Coty Inc. to fix this. -- Blairall (talk) 01:15, 19 November 2019 (UTC)