Coty Inc. is an American multinational beauty company founded in 1904 by François Coty . With its subsidiaries, it develops, manufactures, markets, and distributes fragrances , cosmetics , skin care , nail care, and both professional and retail hair care products. Coty owns around 40 brands as of 2024.
62-687: Coty is one of the world's largest beauty companies and the largest fragrance company, with $ 5.3 billion in revenue for the fiscal year 2022. Coty acquired 41 beauty brands from Procter & Gamble in 2016, becoming the global leader in fragrance, the second largest company for hair color and styling products, and the third largest company for color cosmetics . The company operates three divisions: Consumer Beauty, which focuses on body care, color cosmetics, fragrances, and hair coloring and styling products; Luxury, for luxury cosmetic, fragrance, and skin care products; and Professional Beauty, which services beauty salon and nail salon professionals. Coty's mission
124-510: A Reverse Morris Trust , made Coty the third largest global seller of cosmetics. Coty also acquired the digital marketing technology agency Beamly in 2015. The company entered into a license agreement with Tiffany & Co. in 2016. During 2016–2017, Coty acquired Hypermarcas' (now known as Hypera Pharma ) beauty and personal care business, ghd, and became a majority stakeholder in the peer to peer digital beauty company Younique . Younique had approximately 80,000 sellers when Coty purchased
186-573: A startup accelerator focused on artificial intelligence . The company underwent refinancing of debt, including debt associated with Galleria, in March 2018. In November 2019, Coty announced to purchase a $ 600 million stake (51%) in Kylie Cosmetics , the company of media personality and model Kylie Jenner . In June 2020, the company announced that it would buy a 20% stake for $ 200 million in KKW,
248-625: A 60 percent stake in January 2017, and surpassed 230,000 sellers by December. Coty announced that it was cutting ties with Younique in August 2019, saying that Younique was "definitely different" from other businesses owned by Coty, and intended to sell its 60% stake in Younique back to its founders. Coty acquired licenses to Burberry 's cosmetics and fragrance brands in April 2017. In July, Coty added
310-576: A billion dollars in net annual sales. Most of these brands – including Bounty, Crest, Always , and Tide – are global products available on several continents. In 2005, Procter & Gamble made a $ 57 billion deal to buy Gillette, which combined some of the world's top brands including, signature razors, Duracell batteries, Braun, and Oral-B brands. P&G's products are available in North America, Latin America, Europe,
372-589: A company owned by Jenner's sister Kim Kardashian West . On December 1, 2020, Coty completed sale of Wella , Clairol , OPI and ghd brands stake to KKR for $ 2.5bn in cash whilst retaining 40% stake in the standalone company. On October 1, 2021, Coty announced that it would sell an approximate 9% stake in Wella to KKR for $ 426.5 million. The deal cuts Coty's stake in Wella , Clairol , OPI and ghd brands to around 30.6%. Coty and its brands say they are committed to
434-492: A key player in the American lipstick market with the launch of Coty 24 in 1955. By the 1960s, Coty had become a leading fragrance manufacturer and marketer and the largest fragrance company in the U.S. It attracted the attention of Pfizer , which acquired the company in 1963. In 1991, the company had annual sales of approximately $ 280 million. Pfizer sold Coty to Joh. A. Benckiser (now known as JAB Holding Company) in 1992. Coty
496-780: A license agreement with Miu Miu , a subsidiary of Prada . Coty filed to go public in June 2012, and raised approximately $ 1 billion during its initial public offering (IPO) one year later. The IPO, held in 2013, was the third largest in the US at the time and the largest by a final goods company since Michael Kors . CNN Money described the offering as the "largest U.S.-listed IPO for a consumer products company". Coty acquired Bourjois in 2014. During 2015–2016, Coty acquired 41 beauty brands from Procter & Gamble (collectively known as Galleria), including Clairol, CoverGirl, Gucci, Hugo Boss, Lacoste, Max Factor, and Wella. The agreement, completed as
558-470: A longform series deal with Stone Village Television in January 2020. In February 2020, P&G joined Imagine Documentaries' five project slate including Mars 2080 , the project closest to production. Real Simple Real Simple (stylized in all caps ) is an American monthly magazine published by Dotdash Meredith . The magazine features articles and information related to homemaking , childcare , cooking , and emotional well-being . The magazine
620-471: A major international corporation with a diversified line of soaps, toiletries, and food products; in that year, its annual advertising budget reached $ 1 million. In the 1920s, P&G advertised its products on the new medium of radio and, from 1932 forward, was one of the biggest sponsors of daytime serials, which soon acquired the nickname of soap operas . In the television era, P&G sponsored and produced some twenty soap operas across six decades before
682-634: A new trend in mass-produced fragrance packaging. Coty also established a "Perfume City" in the suburbs of Paris during the early 1910s to handle administration and fragrance production; the site was an early business supporter of female employees and offered benefits including child care. The company began its global expansion in the early 1910s, first in London and New York. Coty established U.S. headquarters at 714 Fifth Avenue in New York City, and commissioned Lalique to design pressed glass panels for
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#1732781087254744-589: A number of other companies that diversified its product line and significantly increased profits. These acquisitions included Folgers Coffee , Norwich Eaton Pharmaceuticals (the makers of Pepto-Bismol ), Richardson-Vicks, Noxell ( Noxzema ), Shulton's Old Spice , Max Factor , the Iams Company, and Pantene , among others. In 1994, the company made headlines for big losses resulting from leveraged positions in interest rate derivatives , and subsequently sued Bankers Trust for fraud; this placed their management in
806-417: A product called Chux. Babies always wore cloth diapers, which were leaky and labor-intensive to wash. Pampers provided a convenient alternative, albeit at the environmental cost of more waste requiring landfilling . Amid the recent concerns parents have voiced on the ingredients in diapers, Pampers launched Pampers Pure collection in 2018, which is a "natural" diaper alternative. Procter & Gamble acquired
868-530: A range of social causes as well as seeking to minimize its environmental impact. The company has entered into a long-term partnership with the international advocacy group Global Citizen to tackle prejudice and discrimination based on gender, sexual orientation, disability, or ethnicity, and to promote self-expression. Coty has also joined other beauty companies to launch the Responsible Beauty Initiative to encourage sustainability within
930-661: A statement made by William Gipson, P&G's chief global diversity officer. In November 2015, P&G was named the Careers in Africa Employer of Choice 2015 following a survey of over 13,000 African professionals from across the globe. P&G was also recognized as the most desirable FMCG business to work for in Africa. P&G was recognized as one of Forbes World's Most Reputable Companies in 2016, 2017, and 2023. As of 2015, 21 of P&G's brands have more than
992-431: A wide range of personal health/consumer health, personal care and hygiene products; these products are organized into several segments including beauty; grooming; health care; fabric and home care; and baby, feminine, and family care. Before the sale of Pringles and Duracell to Kellogg's and Berkshire Hathaway , respectively, its product portfolio also included food , snacks , beverages , and batteries . P&G
1054-460: Is distinguished by its clean, uncluttered style of layout and photos. In 2013 it had approximately 7.6 million readers, 90% of whom were women. Headquartered in New York City, the magazine is currently edited by Sarah Collins, who began serving as interim editor-in-chief in September 2016 after the departure of previous editor Kristin van Ogtrop. Real Simple expanded to include a TV show of
1116-574: Is incorporated in Ohio . In 2014, P&G recorded $ 83.1 billion in sales. On August 1, 2014, P&G announced it was streamlining the company, dropping and selling off around 100 brands from its product portfolio in order to focus on the remaining 65 brands, which produced 95% of the company's profits. A.G. Lafley , the company's chairman and CEO until October 2015, said the future P&G would be "a much simpler, much less complex company of leading brands that's easier to manage and operate". In 2023,
1178-533: Is to "celebrate and liberate the diversity of beauty". The company has approximately 20,000 full-time employees in 46 countries, as of mid 2018. Coty's executive offices are located in London . The Consumer Beauty, Luxury and Professional Beauty divisions are headquartered in New York City , Paris and Geneva , respectively. Peter Harf is Coty's chairman. Pierre Laubies was Coty's CEO, but on June 1, 2020, he
1240-565: The CoverGirl and Clairol brands, including the Nice 'n Easy hair coloring product, in late 2017 and early 2018, respectively. The relaunches included new messaging and product development, with an emphasis on diversity. The company also relaunched Max Factor in 2018. Coty was founded by François Coty in Paris in 1904. The brand's first fragrance, La Rose Jacqueminot, was launched the same year and
1302-505: The Hallmark Channel in 2013. In 2013, PGP rebranded itself as Procter & Gamble Entertainment (PGE) with a new logo and an emphasis on multiple-platform entertainment production. P&G funded a six-episode series, Activate , on National Geographic in 2019 focusing on extreme poverty, inequality and sustainability in conjunction with not-for-profit Global Citizen and production company Radical Media. The company agreed to
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#17327810872541364-733: The United States House Committee on the Judiciary , Coty supported the Stop Online Piracy Act , a bill introduced to expand the ability of U.S. law enforcement to combat copyright infringement and counterfeit goods trafficking, in late 2011. Coty developed "Let's Get Ready" for the Amazon Echo Show ; the guide debuted in early 2018 and presents looks and products to users, which can be added to shopping carts . In February, Coty created
1426-444: The 1880s, Procter & Gamble began to market a new product, an inexpensive soap that floated in water. The company called the soap Ivory . William Arnett Procter, William Procter's grandson, began a profit-sharing program for the company's workforce in 1887. By giving the workers a stake in the company, he correctly assumed that they would be less likely to go on strike. The company began to build factories in other locations in
1488-538: The 1960s. Coty's Air Spun face powder was launched in 1935. The powder has been described by Real Simple as one of the "best beauty products of all time" and remains mostly unchanged. In the 1940s, Coty became a major supporter of the growing American fashion industry, launching the Coty American Fashion Critics' Awards to recognize and promote emerging American fashion designers. Coty discontinued its participation in 1985. Coty became
1550-533: The European Iams business to Spectrum Brands in December 2014. In August 2014, P&G announced it was streamlining the company, dropping around 100 brands and concentrating on the remaining 65, which were producing 95% of the company's profits. In March 2015, the company divested its Vicks VapoSteam U.S. liquid inhalant business to Helen of Troy , part of a brand-restructuring operation. This deal
1612-808: The Heart: The Ricky Bell Story , which was co-produced by The Landsburg Company , and they continued to produce the People's Choice Awards until the show was sold to E! channel in April 2017. In 2007, PGP teamed up with the now-defunct Cookie Jar Group to produce the Flash-animated children's series Will and Dewitt , which featured the character Dewitt, the mascot for the Pampers baby product line's former sub-brand, Kandoo. With Walmart, PGP sponsored Family Movie Night on broadcast networks in 2010–2011 and Walden Family Theater on
1674-545: The Middle East, Africa, Asia, Australia, and New Zealand. In 2018, P&G's fabric and home care division accounted for 32% of the company's total net sales, the highest of all its divisions. The division includes Downy , Gain , Tide , Febreze , and Dawn . According to Advertising Age , Procter & Gamble spent $ 4.3 billion advertising their various brands in the United States in 2015, making it
1736-477: The United States as World War I soldiers started returning from France with gifts for loved ones. During the 1920s, Coty launched more than fifteen new fragrances and expanded into Germany, Italy, Spain, and Switzerland. Coty, Inc. was formed in New York in 1922, and became a publicly traded company in 1925. François Coty died in 1934; his family maintained control of the company and served as board members until
1798-487: The United States because the demand for products had outgrown the capacity of the Cincinnati facilities. The company's leaders began to diversify its products as well, and in 1911 the company began producing Crisco , a shortening made of vegetable oils rather than animal fats . Beginning in the 1880s, P&G advertised its wares in full-page advertisements in many general-interest magazines. By 1921, it had become
1860-972: The acquisition of Gillette , forming the largest consumer goods company and placing Unilever into second place. This added brands such as Gillette razors, Duracell , Braun , and Oral-B to their stable. The acquisition was approved by the European Union and the Federal Trade Commission , with conditions to a spinoff of certain overlapping brands. P&G agreed to sell its SpinBrush battery-operated electric toothbrush business to Church & Dwight , and Gillette's Rembrandt toothpaste line to Johnson & Johnson . The deodorant brands Right Guard , Soft and Dri, and Dry Idea were sold to Dial Corporation . In 2001, Liquid Paper and Gillette's stationery division, Paper Mate , were sold to Newell Rubbermaid . The companies officially merged on October 1, 2005. In 2008, P&G branched into
1922-557: The acquisition of the consumer health division of Merck Group (known as EMD Serono in North America) for €3.4 billion ($ 4.2 billion) and renamed it as Procter & Gamble Health Limited in May 2019. In November 2018, P&G unveiled a simpler corporate structure with six business units that will be effective from July 2019. In 2023, the company began optimizing its product offering. As part of this strategy, it plans to eliminate
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1984-414: The board include: In May 2011, Fortune editor-at-large Patricia Sellers praised P&G's board diversity, as five of the company's 11 directors were female and had all been on Fortune 's annual Most Powerful Women list. In March 2011, Rajat Gupta resigned from the board after an SEC accusation of Galleon Group insider trading . In May 2013, Robert A. McDonald announced his retirement and
2046-488: The bottom 25% of SKUs , which contribute very little to absolute retail sales. According to other comparable companies, a similar share of SKUs represents between 2% and 2.5% of its turnover at a global level. For the fiscal year 2018, Procter & Gamble reported earnings of US$ 9.750 billion, with an annual revenue of US$ 66.832 billion, an increase of 2.7% over the previous fiscal cycle. The company's shares traded at over $ 86 per share in 2017, and its market capitalization
2108-575: The building's façade windows, which were installed in 1912. Coty remained headquartered in the building until 1941. The structure was later given landmark status by the New York City Landmarks Preservation Commission during the 1980s for its custom windows. Coty began selling other beauty products including face and body powders in the 1910s, and launched one of its most successful fragrances, Chypre , in 1917. The company's products gained more attention in
2170-431: The company announced the sale of 43 of its beauty brands to Coty , a beauty-product manufacturer, in a US$ 13 billion deal. It cited sluggish growth of its beauty division as the reason for the divestiture. The sale was completed on October 3, 2016. In February 2016, P&G completed the transfer of Duracell to Berkshire Hathaway through an exchange of shares. In December 2018, Procter & Gamble completed
2232-509: The company at 15th place of the "World's Most Admired Companies" list. Chief Executive magazine named P&G the best overall company for leadership development in its list of the "40 Best Companies for Leaders". In October 2008, P&G was named one of " Canada's Top 100 Employers " by Mediacorp Canada Inc. and was featured in Maclean's newsmagazine . Later that month, P&G was also named one of Greater Toronto's Top Employers , which
2294-793: The company was ranked 55th in the Forbes Global 2000 . Jon Moeller is the president and CEO of P&G since 2021. Candlemaker William Procter , born in England, and soap maker James Gamble , born in Ireland , both emigrated to the US from the United Kingdom. They initially settled in Cincinnati, Ohio , and met when they married sisters Olivia and Elizabeth Norris. Alexander Norris, their father-in-law, persuaded them to become business partners, and in 1837, Procter & Gamble
2356-520: The first liquid synthetic detergent in 1949. In 1955, Procter & Gamble began selling the first toothpaste to contain fluoride , known as Crest . Branching out once again in 1957, the company purchased paper mills from Charmin and began manufacturing toilet paper and other tissue paper products. Once again focusing on laundry, Procter & Gamble began making Downy -branded fabric softener in 1960 and Bounce fabric softener sheets in 1972. From 1957 to 1968, Procter & Gamble owned Clorox ,
2418-402: The first radio serial dramas in the 1930s. As the company was known for Ivory soap, the serials became known as " soap operas ". With the rise of television in the 1950s and 1960s, most of the new serials were sponsored, produced and owned (20 series) by the company (including The Guiding Light , which had begun as a radio serial, and made the transition to television lasting 72 years). Though
2480-505: The food business in 2012 when it sold its Pringles snack food business to Kellogg's for $ 2.75 billion after the $ 2.35 billion deal with former suitor Diamond Foods fell short. The company had previously sold Jif peanut butter , Crisco shortening and oils, and Folgers coffee in separate transactions to fellow Ohio-based company Smucker's . In April 2014, the company sold its Iams pet food business in all markets excluding Europe to Mars, Inc. for $ 2.9 billion. It sold
2542-642: The industry. Coty has signed the United Nations Global Compact , a UN initiative to encourage businesses to adopt sustainable and socially responsible policies. Coty ranked number 371 on the Fortune 500 , Fortune magazine's annual list of the largest U.S. corporations by total revenue, in 2018. The company ranked number 5 on Women's Wear Daily 's 2017 "Top 100" list of the world's largest beauty manufacturers, estimating $ 9.15 billion in sales. According to Advertising Age , Coty
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2604-511: The largest global fragrance maker. Coty acquired Del Laboratories' parent company, DLI Holding Corp., in 2007, adding the Sally Hansen and NYC New York Color brands to Coty's portfolio. The company entered into license agreements with Balenciaga in 2008 and Bottega Veneta in 2009. In 2010, Coty purchased nail polish maker OPI Products , as well as the skin care brand philosophy from The Carlyle Group . The company also entered into
2666-533: The last P&G-produced show, As the World Turns , left the air in 2010, The Young and the Restless , produced by Sony Pictures Television and broadcast on CBS, is still partially sponsored by Procter & Gamble; as of 2017, it is the only remaining daytime drama that is partially sponsored by Procter & Gamble. These past serials were produced by Procter & Gamble: Procter & Gamble also
2728-841: The last of its shows ended in 2010. The company moved into other countries, both in terms of manufacturing and product sales, becoming an international corporation with its 1930 acquisition of the Thomas Hedley Co. , based in Newcastle upon Tyne , England. After this acquisition, Procter & Gamble had their UK Headquarters at Hedley House in Newcastle upon Tyne, until quite recently, when they moved to The Heights, Brooklands . Numerous new products and brand names were introduced over time, and Procter & Gamble began branching out into new areas. The company introduced Tide laundry detergent in 1946, Prell shampoo in 1947 and Joy,
2790-510: The leading American manufacturer of liquid bleach; however, the Federal Trade Commission challenged the acquisition, and the U.S. Supreme Court decided against P&G in April 1967. One of the most revolutionary products to come out on the market was the company's disposable Pampers diaper, first test-marketed in 1961, the same year Procter & Gamble came out with Head & Shoulders . Prior to this point, disposable diapers were not popular, although Johnson & Johnson had developed
2852-717: The mid-2000s, the company focused on marketing celebrity-endorsed fragrances, including David Beckham, Céline Dion , Jennifer Lopez, Mary-Kate and Ashley Olsen , Sarah Jessica Parker , and Shania Twain . Coty also expanded its portfolio of luxury fragrances. It purchased the fragrance license for fashion designer Marc Jacobs in 2003. The company's revenue increased from $ 1.9 billion to $ 2.1 billion during 2004–2005. In 2005, Coty purchased additional licenses for Calvin Klein, Cerruti , Chloé, Lagerfeld, and Vera Wang from Unilever. These newest acquisitions, along with existing portfolio licenses including Adidas, Davidoff, and JOOP! , made Coty
2914-606: The record business with its sponsorship of Tag Records, as an endorsement for TAG Body Spray . P&G's dominance in many categories of consumer products makes its brand management decisions worthy of study. For example, P&G's corporate strategists must account for the likelihood of one of their products cannibalizing the sales of another . On August 25, 2009, the Ireland-based pharmaceutical company Warner Chilcott announced they had bought P&G's prescription-drug business for $ 3.1 billion. P&G exited
2976-620: The same name, with two seasons of a half-hour program airing on PBS in 2006–2007. A TLC show entitled Real Simple Real Life aired over two seasons in 2008–2009. In December 2010, Real Simple launched its first application, "No Time to Cook?", on the iTunes Store sponsored by Sara Lee's Hillshire Farms. It targets iPhone, Android, and iPad users and features over 850 step-by-step recipes. In 2010, Real Simple added another app titled Real Simple To-Do Lists to its array of apps. To-Do Lists helps users organize their lives into lists. Additionally, on Mother's Day 2012, Real Simple created
3038-572: The skincare brand philosophy to Tmall , and launched other brands on the platform as well. In December 2017, the Court of Justice of the European Union 's European Court of Justice ruled that Coty did not violate competition laws by forbidding German distributor Parfümerie Akzente from selling products via Amazon , and that luxury brands are allowed to prohibit distributors from selling through third-party platforms. Previously, according to
3100-428: The syndicated comedy series Throb . In 1985, they produced a game-show pilot called The Buck Stops Here with Taft Entertainment Television in 1985, hosted by Jim Peck ; it was not picked up. Procter & Gamble Productions originally co-produced Dawson's Creek with Columbia TriStar Television but withdrew before the series premiere due to early press reviews. They also produced the 1991 TV movie A Triumph of
3162-558: The top advertiser in the country. Manufacturing operations are based in these countries: In the 2021 review of WIPO 's annual World Intellectual Property Indicators Procter & Gamble ranked ninth in the world, with 57 designs in industrial design registrations being published under the Hague System during 2020. This position is down on their previous sixth-place ranking for 65 industrial design registrations being published in 2019. Procter & Gamble produced and sponsored
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#17327810872543224-481: The unusual position of testifying in court that they had entered into transactions that they were not capable of understanding. In 1996, P&G again made headlines when the Food and Drug Administration approved a new product developed by the company, Olestra . Also known by its brand name 'Olean', Olestra is a lower-calorie substitute for fat in cooking potato chips and other snacks. In January 2005, P&G announced
3286-464: Was a strategic fit for Benckiser, which had another beauty subsidiary, as well as an international distribution network through which it could market Coty's products. Coty's fragrances at the time included Emeraude, Exclamation, L'Effleur, Preferred Stock, Sand & Sable, Tribe, and Wild Musk. Peter Harf, chairman and CEO of JAB since 1988, was named Coty's CEO in 1993. Coty acquired Unilever 's European cosmetic brands, including Rimmel, in 1996. During
3348-602: Was announced by the Toronto Star newspaper. In October 2013, the company was named the fourth-most in-demand employer in the world according to analytic data sourced by LinkedIn. In August 2013, P&G was named the 14th-hardest company to interview for by Glassdoor. In November 2013, Glassdoor also named them as a top 25 company for career opportunities. In February 2014, Glassdoor placed P&G 34th on their annual Best Places to Work list. In November 2014, P&G came out publicly in support of same-sex marriage in
3410-541: Was created. From 1858 to 1859, sales reached $ 1 million. By that point, about 80 employees worked for Procter & Gamble. During the American Civil War , the company won contracts to supply the Union Army with soap and candles. In addition to the increased profits experienced during the war, the military contracts introduced soldiers from all over the country to Procter & Gamble's products. In
3472-545: Was one of the largest global advertisers in 2017. In 2018, Coty ranked number 1,196 on the Forbes Global 2000 , an annual ranking of the top 2,000 public companies in the world. Additionally, Coty ranked number 396 on Forbes ' s 2018 list of "America's Largest Public Companies". Procter %26 Gamble The Procter & Gamble Company ( P&G ) is an American multinational consumer goods corporation headquartered in Cincinnati, Ohio , founded in 1837 by William Procter and James Gamble . It specializes in
3534-606: Was packaged in a bottle designed by Baccarat . L'Origan was launched in 1905; according to The Week , the perfume "started a sweeping trend throughout Paris" and was the first example of "a fine but affordable fragrance that would appeal both to the upper classes and to the less affluent, changing the way scents were sold forever". Following its early successes, Coty was able to open its first store in 1908 in Paris' Place Vendôme . Soon after, Coty began collaborating with French glass designer René Lalique to create custom fragrance bottles, labels, and other packaging materials, launching
3596-458: Was replaced by A.G. Lafley , who returned as chairman, president, and CEO. Procter & Gamble is a member of the U.S. Global Leadership Coalition , a Washington, DC–based coalition of over 400 major companies and NGOs that advocates for a larger international affairs budget, which funds American diplomatic and development efforts abroad. Fortune magazine awarded P&G a top spot on its list of "Global Top Companies for Leaders", and ranked
3658-533: Was replaced by Harf. Pierre-André Terisse was appointed chief financial officer in January 2019. In July 2020, it was announced that Sue Youcef Nabi will become the company's new chief executive officer. Nabi who has previously served as L'Oréal 's executive, is slated to take over the position in September the same year. JAB Holding Company is Coty's largest shareholder, with a 60 percent stake. Coty owns approximately 40 brands, as of 2024, and has partnerships with various other brands, including: Coty relaunched
3720-399: Was the first company to produce and sponsor a prime-time serial, a 1965 spin-off of As the World Turns called Our Private World . In 1979, PGP produced Shirley , a prime-time NBC series starring Shirley Jones , which lasted 13 episodes. They also produced TBS ' first original comedy series, Down to Earth , which ran from 1984 to 1987 (110 episodes were produced). They also distributed
3782-574: Was the first health-related divestiture under the brand-restructuring operation. The deal included a fully paid-up license to the Vicks VapoSteam trademarks and the U.S. license of P&G's Vicks VapoPad trademarks for scent pads. Most Vicks VapoSteam and VapoPads are used in Vicks humidifiers, vaporizers and other health care devices already marketed by Helen of Troy. Later that same year in July,
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#17327810872543844-475: Was valued at over US$ 221.5 billion in October 2018. The company ranked No. 42 on the 2018 Fortune 500 list of the largest United States corporations by total revenue. As of July 1, 2016 , the company structure has been categorized into ten categories and six selling and market organizations. As of March 2024 the board of directors of Procter & Gamble has 15 members: Previous members of
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