• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Components
    • Markets
    • Materials
    • Solutions
    • Top 20 Companies
    • Buyers Guide
    • Events
    • More
  • Magazine
  • News
  • Components
  • Markets
  • Materials
  • Solutions
  • Top 20 Companies
  • Buyers Guide
  • Events
  • Current & Past Issues
    Features
    Editorial
    Departments
    Columns
    Digital Edition
    eNewsletter Archive
    Staff
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    eBook
    Top Features
    Benvenuto a Bologna!

    Stick Formats That Stack Up

    Reaping the Dividends of Customized Stock Packaging

    L’Oréal’s Brice André Looks to a Circular Packaging Future

    New Innovations in Airless Packaging
    Breaking News
    Regulatory
    Events
    Association
    Packaging
    Adv/Marketing
    Financial
    Retail & Travel
    People
    Products
    Experts
    Press Releases
    Exclusives
    Live From Shows
    Video Bites
    Packaging Personalities
    Top News
    The Body Shop Expands Partnership with Uber

    COSRX Launches Vitamin E Vitalizing Sunscreen

    Weekly Recap: Kylie Makeup Lab Controversy, Glossier Pivots to Retail and Wholesale & More

    Alicia Keys Introduces Keys Soulcare’s First SPF Skincare Offering

    Kylie Gets Backlash for Makeup Lab Photo Shoot
    3D
    Accessories
    Aerosols
    Airless
    Applicators
    Bags
    Bottles/Jars
    Brushes
    Cans
    Cartons/Boxes
    Closures
    Compacts
    Devices
    Dispensers
    Double Duty
    Droppers
    Environmental
    Labels
    Lipstick packages
    Mascara Containers
    Paper
    Pouches
    Printing
    Pumps
    Rollerballs
    Small Sizes
    Stock Pkg
    Tubes
    Wipes/Sheets

    Stick Formats That Stack Up

    Reaping the Dividends of Customized Stock Packaging

    Arkay

    Cospack America Corporation

    L’Oréal’s Brice André Looks to a Circular Packaging Future
    Bath/Body
    Cosmetics
    Ethnic
    Fragrances
    Hair
    Health and Beauty
    Home Fragrance
    Men
    Nails
    Personal Care
    Sample/Travel Sizes
    Sets/Kits
    Skin

    The Body Shop Expands Partnership with Uber

    COSRX Launches Vitamin E Vitalizing Sunscreen

    NFT Disruption in the Beauty Industry

    Weekly Recap: Kylie Makeup Lab Controversy, Glossier Pivots to Retail and Wholesale & More

    Alicia Keys Introduces Keys Soulcare’s First SPF Skincare Offering
    Brush Fibers
    Eco-friendly
    Flexibles
    Glass
    Metal
    Paper/Board
    PCR
    PET
    Plastics
    Wood

    Verescence Leads the Future of Eco-Friendly Glass Packaging and Deco

    Neenah Unveils Idea Shop Promotion

    APC Packaging Creates Mono-Material System Dropper & Bottle

    Alder Packaging Launches in Los Angeles

    L’Oréal’s Brice André Looks to a Circular Packaging Future
    Anti-Counterfeit
    Contract Services
    Decorative Effects
    Design Capabilities
    Digital Printing
    Injection Molding
    Machinery
    Made in USA
    Package Development
    Printing/Decorating
    Sustainable Pkg/Practices
    Turnkey

    United & Free Touts ‘No Unnecessary Ingredients, Products or Plastics’

    Chinese Beauty Brand Launches Sustainable Packaging Made with Eastman Material

    Stick Formats That Stack Up

    Revlon Inks Deal with Origin to Develop Next-Gen Sustainable Packaging for Cosmetics

    Irene Forte Skincare Is Like a Mediterranean Diet for Your Skin
    Top 20 Companies
    Avon

    AmorePacific

    Mary Kay

    Johnson & Johnson
    All Companies
    Categories
    Company Profiles
    Jobs
    Add New Company
    International Buyers Guide Companies
    Neenah

    Derik Industrial USA

    Lombardi Design & Manufacturing

    GAR Labs

    Color Carton Corp.
    Industry Events
    Live From Shows
    Exhibitor Showcase
    Webinars

    BolognaFiere, Informa Markets and PBA Announce Joint Venture

    Luxe Pack New York Announces 2023 Dates

    Indie Beauty Media Group Announces ‘Adit Live’ Event

    Benvenuto a Bologna!

    Honoring the 2022 Inductees at the NJPEC Hall of Fame Awards
    • Magazines
      • Current / Back Issues
      • Features
      • Editorial
      • Departments
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Staff
      • Editorial Guidelines
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Buyers Guide
      • Companies
      • Categories
      • Corporate Capabilities
      • Add Your Company
    • Components
      • 3D
      • Accessories
      • Aerosols
      • Airless
      • Applicatiors
      • Bags
      • Bottles / Jars
      • Brushes
      • Cans
      • Cartoons / Boxes
      • Closures
      • Compacts
      • Devices
      • Dispensers
      • Double Duty
      • Droppers
      • Environmental
      • Labels
      • Lipstick Packages
      • Mascara Containers
      • Paper
      • Pouches
      • Printing
      • Pumps
      • Rollerballs
      • Small Sizes
      • Stock Pkg
      • Tubes
      • Wipes/Sheets
    • Markets
      • Bath/Body
      • Cosmetics
      • Ethnic
      • Fragrances
      • Hair
      • Health And Beauty
      • Home Fragrance
      • Men
      • Nails
      • Personal Care
      • Simple/Travel Sizes
      • Sets/Kits
      • Skin
    • Materials
      • Brush Fibers
      • Eco-friendly
      • Flexibles
      • Glass
      • Metal
      • Paper/Board
      • PCR
      • PET
      • Plastics
      • Wood
    • Solutions
      • Anti-Counterfeit
      • Cotract Services
      • Decorative Effects
      • Design Capabilities
      • Digital Printing
      • Injection Molding
      • Machinery
      • Made In USA
      • Package Development
      • Printing/Decorating
      • Sustainable Pkg/Practices
      • Turnkey
    • Top 20 Companies
    • Online Exclusives
    • Slideshows
    • Expert Opinions
    • Videos
      • eBook
    • Infographics
    • Whitepapers
    • Products Showcase
    • Events
      • Industry Events
      • Live From Show Events
      • Webinars
    • Jobs
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms Of Use
    Breaking News

    Coty Anticipates Q3 Revenue Decline

    Withdraws its fiscal 2020 guidance amid the COVID-19 crisis.

    Coty Anticipates Q3 Revenue Decline
    CEO Pierre Laubies and CFO and COO Pierre-Andre Terisse are both taking a one-quarter cut in their base salaries for the rest of fiscal 2020.
    Related CONTENT
    • SeaCliff Beauty Packaging & Laboratories
    • Loop Reuse Platform Moves In-Store with Global Retailers
    • Chinese Makeup Market Projected to Grow at CAGR of 8.3% Through 2025
    • Fusion To Feature 'The Drip' Collection
    • L'Oréal USA Achieves Carbon Neutrality Across All U.S. Sites
    Beauty Packaging Staff04.16.20
    On April 10, Coty Inc. said that it expects fiscal third-quarter revenue to fall 20% due to the coronavirus outbreak, with profit expected to take a "meaningful impact." In response, the company has withdrawn its fiscal 2020 guidance.
     
    Among the financial measures the company is taking to manage the pandemic, it is recommending to the board that shareholders receive 100% of their dividend in kind for the next two quarters, and JAB, the company's largest shareholder, is paying off the loan it took for the 2019 tender offer in full. A JAB affiliate, Cottage Holdco B.V., holds 60.7% of Coty shares.
     
    CEO Pierre Laubies and CFO and COO Pierre-Andre Terisse are both taking a one-quarter cut in their base salaries for the rest of fiscal 2020.
     
    On the other hand, demand for Coty’s products on Amazon.com Inc. has nearly doubled in the US in recent weeks in the wake of the coronavirus crisis. The beauty company is also preparing for a demand increase in Asia post-coronavirus. In Europe, Coty is preparing for the launch of Kylie Cosmetics.
     
    More Coronavirus News
     
    Here’s a look at what some companies are doing to reduce the spread of coronavirus and how the epidemic will impact business in Q1 and beyond.
    Related Searches
    • beautypackaging.com
    • beauty
    • asia
    • financial
    Suggested For You
    SeaCliff Beauty Packaging & Laboratories SeaCliff Beauty Packaging & Laboratories
    Loop Reuse Platform Moves In-Store with Global Retailers Loop Reuse Platform Moves In-Store with Global Retailers
    Chinese Makeup Market Projected to Grow at CAGR of 8.3% Through 2025 Chinese Makeup Market Projected to Grow at CAGR of 8.3% Through 2025
    Fusion To Feature Fusion To Feature 'The Drip' Collection
    L L'Oréal USA Achieves Carbon Neutrality Across All U.S. Sites
    Weekly Recap: Clinique Goes Viral on TikTok, Saweetie Joins MAC & More Weekly Recap: Clinique Goes Viral on TikTok, Saweetie Joins MAC & More
    Manscaped Appoints Chee Min Hong as VP of Product Development Manscaped Appoints Chee Min Hong as VP of Product Development
    The Honest Company Appoints Pete Gerstberger as Chief Digital and Strategy Officer The Honest Company Appoints Pete Gerstberger as Chief Digital and Strategy Officer
    CeraVe Redesigns & Reformulates Baby Line CeraVe Redesigns & Reformulates Baby Line
    Skin Care Brand Drunk Elephant to Launch in Ulta Beauty Stores and Online Skin Care Brand Drunk Elephant to Launch in Ulta Beauty Stores and Online
    Only Skin Launches New Men Only Skin Launches New Men's Kits
    Weekly Recap: Jennifer Aniston Launches LolaVie, B-Glowing Grows & More Weekly Recap: Jennifer Aniston Launches LolaVie, B-Glowing Grows & More
    Rya Organics Launches CBD-Infused Hydrating Facial Mist Rya Organics Launches CBD-Infused Hydrating Facial Mist
    CEW Women CEW Women's Leadership Awards Celebrates Industry Execs
    oVertone Names Urban Outfitters as Retail Partner oVertone Names Urban Outfitters as Retail Partner

    Related Buyers Guide Companies

    • SeaCliff Beauty Packaging & Laboratories

      SeaCliff Beauty Packaging & Laboratories

      ...
      Amanda Deak, Senior Marketing Manager 03.07.22

    • Cosmetics
      Loop Reuse Platform Moves In-Store with Global Retailers

      Loop Reuse Platform Moves In-Store with Global Retailers

      Partners with Carrefour (France), Tesco (UK), AEON (Japan), Kroger (U.S.), and Woolworths (Australia).
      09.22.21

    • Cosmetics
      Chinese Makeup Market Projected to Grow at CAGR of 8.3% Through 2025

      Chinese Makeup Market Projected to Grow at CAGR of 8.3% Through 2025

      Rapid urbanization, rising disposable income and social media exposure are driving growth, says GlobalData.
      09.22.21


    • Fusion To Feature

      Fusion To Feature 'The Drip' Collection

      The FusionPKG BeautyLab team will be at the MakeUp in NewYork talking to visitors about its turnkey solutions.
      09.20.21

    • L

      L'Oréal USA Achieves Carbon Neutrality Across All U.S. Sites

      L'Oréal's largest subsidiary has met a critical milestone in the ‘L'Oréal for the Future’ Sustainability Commitment
      09.20.21

    Loading, Please Wait..
    Trending
    • Ranking The Top 50 Cosmetic Companies
    • 4 Key Beauty Trends For 2023 By Trendalytics
    • The Top Skincare And Beauty Trends Of 2022 So Far
    • Top Beauty Brands In The US—Ranked By Cosmetify
    • Ranking The Top 50 Cosmetics Companies 2021
    Breaking News
    • The Body Shop Expands Partnership with Uber
    • COSRX Launches Vitamin E Vitalizing Sunscreen
    • Weekly Recap: Kylie Makeup Lab Controversy, Glossier Pivots to Retail and Wholesale & More
    • Alicia Keys Introduces Keys Soulcare’s First SPF Skincare Offering
    • Kylie Gets Backlash for Makeup Lab Photo Shoot
    View Breaking News >
    CURRENT ISSUE

    July/August 2022

    • Cosmoprof Bologna Welcomes Back the Beauty Industry
    • Stick Packaging: Stick Formats That Stack Up for Beauty
    • Reaping the Dividends of Customized Stock Packaging
    • View More >

    Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
    You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us

    follow us

    Subscribe
    Nutraceuticals World

    Latest Breaking News From Nutraceuticals World

    Flower Pollen Extract Benefits Women’s Urinary Incontinence, Study Finds
    3i Solutions Announces New Leadership Positions
    INS Nutra Opens Gummy Manufacturing Facility
    Coatings World

    Latest Breaking News From Coatings World

    Lanxess' Entire Value Chain to Become Climate-Neutral
    Custom Cars Featuring PPG DELTRON Refinish System Take Awards at Goodguys 24th Summit
    HGTV Home by Sherwin-Williams Announces 2023 Color Collection of the Year
    Medical Product Outsourcing

    Latest Breaking News From Medical Product Outsourcing

    Endologix's AFX2 Endovascular AAA System Earns EU Nod
    Elizabeth Coleon Joins Withings as Chief Marketing Officer
    U.K. Strengthens Medical Device Regulations
    Contract Pharma

    Latest Breaking News From Contract Pharma

    BioIVT Acquires Scottish Drug-metabolizing Enzyme Manufacturer Cypex
    Schott Creates Stand-Alone Company for its Pharma Business
    Marken to Acquire Medical Courier Business of Cedra Express
    Beauty Packaging

    Latest Breaking News From Beauty Packaging

    The Body Shop Expands Partnership with Uber
    COSRX Launches Vitamin E Vitalizing Sunscreen
    Weekly Recap: Kylie Makeup Lab Controversy, Glossier Pivots to Retail and Wholesale & More
    Happi

    Latest Breaking News From Happi

    Hallstar To Purchase Lanxess’ Polymer Additives Production Site in Greensboro, NC
    Uber and The Body Shop Expand On-Demand Delivery Partnership Nationwide
    Australia-Based Teeth Whitening Technology Leader White Glo Enters US Market
    Ink World

    Latest Breaking News From Ink World

    Xerox Board of Directors Names Steven Bandrowczak as CEO
    ALTANA AG to Sell Its Stake in dp polar to 3D Systems
    Weekly Recap: Zeller+Gmelin, Epple Druckfarben Lead This Week’s News Stories
    Label & Narrow Web

    Latest Breaking News From Label & Narrow Web

    Eukalin acquires Adhesives Specialists
    EyeC unveils new inspection products
    Errol Moebius named VP of IST America
    Nonwovens Industry

    Latest Breaking News From Nonwovens Industry

    Weekly Recap: A New Day for Hygiene, Glatfelter Reports Q2 Results & More
    Dyper Achieves B Corp Certification
    Edgewell’s Sales Grow
    Orthopedic Design & Technology

    Latest Breaking News From Orthopedic Design & Technology

    OSSIO Rolls Out OSSIOfiber Suture Anchors in U.S.
    MicroPort Navibot’s SkyWalker System Cleared by FDA
    NuVasive Inc. Reports Q2 2022 Financial Results
    Printed Electronics Now

    Latest Breaking News From Printed Electronics Now

    Infineon Technologies AG Offers Secured NFC Tags
    Universal Display Announces 2Q 2022 Financial Results
    Xerox Board of Directors Appoints Steven Bandrowczak as CEO

    Copyright © 2022 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

    AD BLOCKER DETECTED

    Our website is made possible by displaying online advertisements to our visitors.
    Please consider supporting us by disabling your ad blocker.


    FREE SUBSCRIPTION Already a subscriber? Login