Core Viewpoint - Coty's makeup business faces challenges due to ageing brands and declining sales, which may lead to piecemeal deals or lower than expected proceeds, complicating the group's plans for restructuring [1] Group 1 - The makeup segment of Coty is experiencing difficulties attributed to the ageing of its brands [1] - Sales in Coty's makeup division are declining, raising concerns about the overall viability of the business [1] - The potential for piecemeal deals suggests that Coty may not achieve its desired financial outcomes from the sale of its makeup business [1]

Business Strategy & Entrepreneurship - The document highlights the importance of aligning personal life goals with daily actions, similar to setting clear objectives and strategies for a company [1] - It introduces Mireia Trepat Martí, co-founder of Freshly Cosmetics, who revolutionized the cosmetics sector through digital channels [1] - Mireia now consults and mentors startups and entrepreneurs, helping them build brands with purpose and connect authentically with people [1] - The document emphasizes a strategic and human approach to business, advocating for more honest, conscious, and future-oriented practices [1] Marketing & Innovation - Freshly Cosmetics disrupted the cosmetics industry through digital innovation [1] - The document underscores the significance of marketing, innovation, and sustainability in entrepreneurship [1] - Entrepreneurship is viewed as a tool for transforming the world [1]

Core Viewpoint - Coty Inc. has announced a private offering of senior notes to redeem existing senior secured notes and cover related expenses, indicating a strategic move to manage its debt obligations effectively [1][3]. Group 1: Offering Details - The offering includes senior notes that will be senior unsecured obligations of the Issuers, contingent on maintaining investment grade ratings from at least two of three ratings agencies [2]. - If the investment grade ratings are not maintained, the notes will be guaranteed on a senior secured basis by Coty's subsidiaries and secured by first-priority liens on collateral [2]. - The proceeds from the offering will be used to redeem all of Coty's outstanding 5.000% senior secured notes due 2026 and a portion of the 3.875% senior secured notes due 2026, at par plus accrued interest [3]. Group 2: Regulatory and Compliance Information - The notes are being offered only to qualified institutional buyers and non-U.S. persons outside the United States, in compliance with Rule 144A and Regulation S under the Securities Act [4]. - The notes have not been registered under the Securities Act and cannot be offered or sold in the U.S. without registration or an exemption [4]. Group 3: Company Background - Coty Inc., founded in Paris in 1904, is one of the world's largest beauty companies, with a diverse portfolio across fragrance, color cosmetics, and skin and body care, serving consumers in over 120 countries [6].

Core Insights - e.l.f. Beauty is experiencing momentum in its "Change the Board Game" initiative, which focuses on promoting boardroom inclusivity as a key business driver [1] - The initiative has successfully formed a coalition of over 70 individual leaders and 20 organizations committed to enhancing accessibility in boardrooms [1] Company Initiatives - The "Change the Board Game" initiative aims to bring together change champions who prioritize both inclusivity and performance in business settings [1] - The coalition's growth reflects a broader commitment to fostering diversity and inclusivity within corporate governance [1]

Beauty Scene: “We had an insane amount of makeup in our house,” Sheena Zadeh says of her childhood. “I thought the bathroom was meant to be used for [storage].” https://t.co/hErPs7EfWC (Photo: Kosas Beauty) https://t.co/H7MOOGKdcc ...

Core Insights - Oliveda International, Inc. and its subsidiary Olive Tree People Inc. are hosting a unique art installation in downtown Los Angeles, featuring ancient olive trees and celebrating the waterless beauty movement [1][2][4] - The event aims to honor the 7,000-year history of olive trees and the 69,000 waterless beauty pioneers who have contributed to the growth of this sector in North America [4][5] - The company anticipates significant growth, projecting a hypergrowth rate of 3000% in 2024 and 2025, with a company valuation expected to exceed one billion by early 2025 [6] Company Overview - Oliveda International, Inc. specializes in the production and distribution of cosmetic and holistic waterless products related to the olive tree, with over 20 years of experience in management and organic certification [6][7] - The company has developed innovative products based on waterless beauty formulations and the active ingredient hydroxytyrosol, which are set to be introduced globally through an education program [5][6] - The founder, Thomas Lommel, is also involved in conservation efforts, protecting over 30,000 one-hundred-year-old mountain olive trees and contributing to water access in Africa through his foundation [7] Industry Context - Waterless beauty is recognized as the fastest-growing sector in the global beauty industry, with Olive Tree People Inc. positioned as a pioneer in this movement [5][9] - The brand's treatment concepts have gained recognition in major publications, and the waterless beauty trend has been endorsed by celebrities, indicating a strong market potential [9]

Core Insights - Kolmar Korea collaborates with Amazon to create a strategic roadmap for the global expansion of K-Beauty, emphasizing technological expertise as a key competitive advantage [1][5][8] Group 1: Event Overview - Kolmar Korea served as the exclusive manufacturing sponsor for Amazon Beauty in Seoul 2025, which took place on September 19, attracting over 3,000 attendees from the beauty industry [3][7] - The event featured notable speakers, including Sang-Hyun Yoon, Vice Chairman of Kolmar Group, who delivered a keynote address on K-Beauty's success from a manufacturer's perspective [3][4] Group 2: Key Messages from Leadership - Vice Chairman Yoon highlighted the necessity of evolution and innovation for brands to avoid obsolescence, stressing that the competitive nature of the Korean market has laid the foundation for K-Beauty's global success [4][5] - Yoon also pointed out that understanding consumer needs and expanding product offerings are crucial for achieving international success [4] Group 3: Company Initiatives - Kolmar Korea showcased a variety of solutions in skincare, makeup, personal care, sun care, and cosmetic packaging at the event, providing tailored consultations to potential business partners [4][5] - The company aims to support clients' global market expansion through its ongoing partnership with Amazon, reinforcing the importance of ODM companies in the sustainable growth of K-Beauty [5][6] Group 4: Company Background - Founded in 1990, Kolmar Korea is a leader in the cosmetics, pharmaceuticals, and health supplements sectors, specializing in ODM solutions and offering end-to-end services from formulation to finished product [6]

Market Overview - The U.S. is facing a potential government shutdown, which could have economic implications, including a drag on GDP of about 0.1% per week if resolved quickly, but potentially more significant if extended [1][2] - Job openings reported at 7.227 million, slightly above estimates, indicating a tight labor market [1][2] - Consumer confidence index for September came in at 94.2, lower than the expected 96, marking the lowest level since April [1][3] Economic Implications - A prolonged government shutdown could lead to furloughs of 600,000 to 700,000 workers, potentially raising the unemployment rate from 4.3% to between 4.5% and 4.7% [1][2] - Consumer confidence is being affected by rising prices in food, fuel, and utilities, which dampens spending and corporate investment [2][3] - The market has shown resilience despite political uncertainties, with stocks generally not reacting strongly to government shutdowns historically [1][2] Company Focus: Nike - Nike is set to report fiscal first-quarter earnings, with expectations of a year-over-year sales decline of 5% to 6% [5][6] - Analysts are looking for guidance indicating a smaller decline in the second quarter, ideally down only 3% to 4% [5][6] - Innovation is highlighted as a key factor for Nike's growth, particularly in the running footwear category, which is crucial for the brand's recovery [5][6] Consumer Behavior - There is a contradiction between consumer sentiment and spending, with strong spending indicators despite declining confidence [3][4] - Concerns about job availability and rising prices are prevalent among consumers, impacting their financial outlook [3][4] - The upcoming holiday season is expected to test consumer tolerance for price increases due to tariffs [3][4] Industry Trends - The athleisure market has faced challenges, with many stocks down significantly this year despite strong sales growth [5][6] - Companies like Under Armour are noted for potential growth due to upcoming innovations, despite negative sentiment [5][6] - The overall market sentiment is cautious, with investors closely monitoring earnings and consumer behavior as key indicators for future performance [5][6]

Core Strategy - Kao Corporation plans to revamp its cosmetics business with a focus on six core brands: Sensai, Molton Brown, Kanebo, Sofina, Curel, and Kate [2][10] - The company aims for a net sales target of 400 billion yen (US$2.68 billion) and an operating margin of 15 percent by 2030 [2][11] Brand-Specific Plans - Curel is expected to see accelerated growth, with plans to increase its store presence in Europe by sixfold and generate 50 percent of total sales outside Japan by 2027 [3] - Sensai and Molton Brown will target the Asian luxury market, aiming for a 150 percent increase in Sensai sales and a doubling of Molton Brown sales in Asia by 2027 [4] - Kanebo and Kate will adapt their strategies to the unique characteristics of each Asian market, starting with a target of boosting sales by 150 percent in Thailand by 2027 [5] - Sofina and its sub-brands will be consolidated to enhance sales in Asia by 50 percent by 2027 [5] Profitability and Growth Initiatives - The revamp includes a broader focus on improving profitability and fostering long-term growth through core technologies, cost reductions, and the application of digital and AI technologies [6] - The restructuring process will be led by Tomoko Uchiyama, who emphasizes the company's adaptability to market dynamics [7][8]

Core Viewpoint - Coty Inc. is initiating a strategic review of its mass-market beauty business, which includes well-known brands such as CoverGirl, Sally Hansen, Max Factor, and Rimmel, and is considering options such as selling or spinning off this segment [1] Group 1 - The strategic review indicates a potential shift in focus for Coty Inc. as it evaluates the future of its mass-market beauty brands [1] - The review may lead to significant changes in the company's portfolio, impacting its overall market strategy [1] - Coty Inc. aims to enhance its operational efficiency and profitability through this strategic assessment [1]