facial skincare, page-6

Hi greenhouse,

Thanks’ for the research that you contribute, it all helps to build the overall picture of the possibilities that OBJ presents to us as shareholders. What I liked from the article was this statement

“Research and development is a pillar of our innovation. It combines ”cutting-edge” research and “technology”, new ingredients and precise market testing, enabling us to develop and support the development of new products while continuing to improve our existing products”

I believe that it would be fair to say that OBJ’s tech is “cutting edge”, and with the possibility that our tech may be used across Coty’s complete range, and this comment from Glyn, –

“The majority of our current partnering discussions involve the adoption of the OBJ technology on a corporate platform, rather than a product by product basis”, commented Glyn Denison.

this is one partner that I am glad that we have teamed up with.

Coty aims to be the #1 in the market place and their latest endeavours appear to support this –

25.01.2011
Berkshire Partners and Rhône to Invest in Coty Inc.
“Berkshire Partners LLC, the Boston-based private equity firm, and Rhône, a private equity firm with offices in New York and London, today announced they have made minority equity investments in Coty Inc., a leading global beauty company. Each of the investors will be represented on the company’s Board of Directors. Terms of the transactions were not disclosed.

“We are impressed by Coty’s rich heritage, unique culture, and the deep connections its brands have with consumers. We look forward to supporting Coty in this exciting chapter of the company’s growth.”

25.07.2012
Coty Inc. And LG Household & Health Care Announce the Creation of Coty Korea
“Coty Inc., the new emerging leader in beauty, along with Korea's leading cosmetic company, LG Household & Health Care ("LG H&H") are pleased to announce the creation of Coty Korea, a joint venture established to expand the presence of both companies in the Korean cosmetics market.
The partnership marks an important move by Coty to further increase its presence in Asia and strategically build its cosmetics and skin care business worldwide. While for LG H&H, the partnership demonstrates further enhancement in LG H&H's leadership in Korean consumer market, which was built on nonstop organic growth and a continuous stream of acquisitions and new ventures. Coty Korea will be led by a Coty executive as CEO of the new venture.

"Korea is a key emerging market for the beauty industry, and our respective organizations have worked together extensively in our plan for success there," said Michele Scannavini, President, Coty Prestige. "On top of growing Coty's presence in Asia, this partnership represents an important step toward our ambitious goal of expanding our cosmetic business across the globe. Our 'Faster. Further. Freer.' culture, combined with LG H&H's dynamic leadership in the marketplace, will allow us to fulfil the innovative vision we've set forth for the company."


08.12.2012
Coty pays $400 million to acquire control of China Skin Care Company TJoy
“Coty Inc., the seller of perfumes by Sarah Jessica Parker and Vera Wang, will pay $400 million to acquire a majority stake in Chinese skin-care company TJoy Holdings Ltd, as it expands in the world’s most-populous nation. The Chinese company, which sells moisturizers, face creams and mud masks under the TJoy brand, has more than 500 distributors across China, he said. Coty will sell its products, including Adidas perfume and Rimmel cosmetics, in TJoy’s stores”.

26.02.2013
Coty Teams with Australian Tech Company for Device Manufacture
“In a sign of the continued interest in and growth of the beauty devices market, Australian technology company OBJ Limited announced it has secured an exclusive collaboration with Coty covering the possible future development and manufacture of OBJ's patented e-Skin system.
The agreement will see Coty’s skin care brand Philosophy and OBJ collaborate to develop, program and manufacture e-Skin systems with the proprietary delivery fields necessary to control a number of key ingredients used widely by Philosophy. Philosophy was acquired by Coty in 2010 as its prestige skin care brand and now ranks in the top 10 skin care brands worldwide.”

22.05.2013
Coty sets up joint venture in Brazil
“Coty has made further inroads into the Brazilian market after forming a joint venture with Brazilian cosmetics distributor Frajo International.

Through the new venture Coty mass/masstige brands in the retail channel will be distributed and marketed.

"Frajo is the right partner, sharing our passion for beauty. Together, we look forward to introducing new Coty brands into this key market," said Scannavini.

Frajo's founder and CEO Frank Lund was of the opinion that collaborating with Coty and benefiting from their expertise was an important milestone in bolstering Frajo's position as a leading cosmetic distributor in Brazil. "Coty's unique portfolio of brands will provide our customers with more choice," added Lund. This deal is said to expand Coty's go-to-market capabilities in the region.

Currently, Coty has a partnership in Brazil to distribute certain brands through a door-to-door distribution model. The company also has a distributor in the country representing its prestige products.

"Brazil is one of the largest markets in the beauty industry," said Michele Scannavini, CEO of Coty. "Frajo is the right partner, sharing our passion for beauty. Together, we look forward to introducing new Coty brands into this key market”

23.05.2013
Coty Inc. to Purchase Established Southeast Asian Distributor
“Coty Inc., an emerging leader in global beauty, is pleased to announce the agreement to acquire StarAsia, an established distributor of beauty products in the markets of Southeast Asia (Cambodia, Hong Kong, Indonesia, Malaysia, Singapore, Taiwan and Vietnam) from its current parent, Isibane Pte. Ltd. The transaction is expected to close in Summer 2013.

"The acquisition of StarAsia provides us with an established distribution platform to sell our mass brands in key developing markets in the Southeast Asia region," said Mr. Michele Scannavini, CEO of Coty Inc. "We are happy to welcome the StarAsia organization into the Coty family, and I am confident that the talented team there will fit in very well at Coty."

29.05.2013
Coty IPO set to raise a further $1 billion for the “war chest”
“The fragrance and cosmetics giant has announced an Initial Public Offering that is set to raise more than $1 billion, setting in place funds that could be used to spell out the next step in the company’s ambitions to expand.
The company is offering up to 65.7 million Class A shares priced at between $16.50 and $18.50 on the New York Stock Exchange, offered by its biggest stockholders – JAB Holdings, and private equity firms Berkshire Partners and Rhone Capital.

JAB holdings is a consortium of four siblings from the Austria-based Reimann family. They currently have an estimated 82 percent share in the business, but the IPO will see that stake reduced by about 14 percent.”








You have got to like that


As always please D Y O R