Coty to sell its professional beauty division

How Would Coty’s Professional Beauty Brands Look on You?

Wella and its sister brands are on the block again after Coty’s recent announcement regarding its plans to sell its professional beauty division. Ranking #2 in the global professional hair care market, according to Kline’s Salon Hair Care Global Series, makes Coty an attractive business to potential buyers. Drawing on 60 years of knowledge in the beauty industry, Kline analyzes some of its staple brands in the professional hair care segment as well as the potential new owners of them.Continue reading

Coty Acquires Personal Care and Beauty Division of Hypermarcas

Coty Inches its Way to the Top of Professional Beauty with its Acquisition of Hypermarcas and Reorganization

As recently discussed in a previous blog, acquisitions are constantly reshaping the global professional beauty landscape. Coty’s $1 billion acquisition of the personal care and beauty division of Hypermarcas is the latest move to shake things up, giving Coty an even stronger position in professional beauty, particularly in Brazil.

Coty has eyed Brazil since at least 2012, when the company made an unsolicited bid to acquire Avon, which had Brazil as its largest market. The company also failed multiple times at acquiring Brazil’s direct seller Jequiti. Coty finally made some inroads in 2013 by establishing a joint-venture with Frajo, a local Brazilian cosmetics distributor, but still desired a more potent move.Continue reading

The Leadership Scramble in Professional Beauty: Who Will Win?

The Leadership Scramble in Professional Beauty: Who Will Win?

Acquisition activity has greatly altered the landscape of the global professional beauty industry in the past few years. L’Oréal is now the clear leader and only major player to have a leadership role in all three sectors of professional beauty: hair care, skin care, and nail care. The company has long held the #1 spot in the hair sector. With its acquisitions of SkinCeuticals (2005) and Essie (2010), L’Oréal landed a slot among the top 10 in skin care and nail care, respectively. Adding Decléor and Carita to its portfolio in 2014 propelled L’Oréal to the #1 ranking in skin care. The #1 spot is now firmly taken, but rankings beyond that are very much up for grabs.  Continue reading

Tough As Nails - Polishing Off Another High Growth Year

Tough As Nails – Polishing Off Another High Growth Year

It was another tremendous year for nail polishes, with category sales up as much as 60% in select channels in 2011. Nail polish proved yet again to be the fastest growing category in the U.S. beauty industry for the third year in a row, and was the only category to register overall sales gains in the high double-digit range. Professional brands like Essie, OPI, and Sinful have gained significant distribution in the mass-market following their recent acquisitions by L’Oréal, Coty, and Revlon, respectively, helping to boost category sales. Continue reading