Coty to Integrate Fragrance Businesses and Review Consumer Beauty Division

Core Insights - Coty Inc. is positioning itself as a leader in the fragrance market by integrating its Prestige Beauty and Mass Fragrance businesses, aiming to create a "Fragrance and Scenting Powerhouse" [1] - The company plans to leverage its scale in R&D, consumer insights, manufacturing, and distribution to capture growth across a wide price range, including a new $7 billion mist market [2] - A review of the Consumer Beauty business is underway, focusing on the mass color cosmetics segment, which generates $1.2 billion in revenue, to explore strategic alternatives for maximizing long-term value [3] Company Overview - Coty Inc. manufactures, markets, distributes, and sells branded beauty products globally, operating through two segments: Prestige and Consumer Beauty [4]