History of Coty
Coty, founded in 1904 by François Coty, emerged as a pioneering force in the global beauty industry. Revolutionizing the fragrance market with innovative scents like La Rose Jacqueminot and Chypre, Coty swiftly gained prominence. Through strategic acquisitions and partnerships, such as the purchase of Rimmel London in 1996 and the collaboration with pop icon Kylie Jenner in 2019, Coty expanded its portfolio to encompass cosmetics, skincare, and haircare. Despite facing challenges like corporate restructuring and changing consumer preferences, Coty maintained its influence as a leading beauty conglomerate, continually adapting to evolving trends and market dynamics.