"We believe this new mission will resonate with millions of people who feel overlooked by the beauty industry today. COVERGIRL has a huge opportunity to make a difference and we are confident our vision will translate into growth potential for the business."COVERGIRL's multifaceted transformation will touch all areas of the brand, including packaging and product design; in-store experience; a new logo and tagline; and look, tone and feel across all communications, starting with "Made in the Mirror" and continuing to roll-out through the remainder of 2017 and into 2018. To view "Made in the Mirror", please visit https://www.youtube.com/watch?v=yARn15Ks1DE About Coty Inc. Coty is one of the world's largest beauty companies with approximately $9 billion in pro forma revenue, with a purpose to celebrate and liberate the diversity of consumers' beauty. Its strong entrepreneurial heritage has created an iconic portfolio of leading beauty brands. Coty is the global leader in fragrance, a strong number two in professional salon hair color & styling, and number three in color cosmetics. Coty operates three divisions - Consumer Beauty, which is focused on mass color cosmetics, mass retail hair coloring and styling products, body care and mass fragrances with brands such as COVERGIRL, Max Factor and Rimmel; Luxury, which is focused on prestige fragrances and skincare with brands such as Calvin Klein, Marc Jacobs, Hugo Boss, Gucci and philosophy; and Professional Beauty, which is focused on servicing salon owners and professionals in both hair and nail, with brands such as Wella Professionals, Sebastian Professional, OPI and ghd. Coty has over 20,000 colleagues globally and its products are sold in over 150 countries. Coty and its brands are committed to a range of social causes as well as seeking to minimize its impact on the environment. For additional information about Coty Inc., please visit www.coty.com.
Coty Inc. (NYSE:COTY) today announced the biggest reinvention in COVERGIRL'S 60-year history with a bold vision to redefine the brand, starting with a powerful new expression of its purpose: " I Am What I Make Up." With an aim to inspire people to embrace their unique identities and unapologetically create any version of themselves, or who they want to be, with makeup, COVERGIRL will celebrate authenticity, diversity and expressiveness while eschewing unrealistic and idealized category standards. Ukonwa Ojo, SVP COVERGIRL, Coty, said, "In leading the relaunch, we started with the insight that people no longer strive for a singular standard of beauty, but use makeup as a tool for self-expression and personal transformation. COVERGIRL has always been inclusive and is known for pushing the boundaries of what it means to be beautiful, which means we have a responsibility to elevate how we connect and communicate with people. This is bigger than a new campaign or a tagline. We hope to spark a provocative dialogue that shifts cultural assumptions about when, where, how and why people wear makeup." The conversation kicks off today, October 10 th, starting with a long-form film entitled "Made in the Mirror" that features six COVERGIRLs, most of whom were recently announced. They include chef, TV personality and author Ayesha Curry; actress, writer and YouTube sensation Issa Rae; singer and superstar performer Katy Perry; personal trainer Massy Arias; 69-year-old model and dietician Maye Musk; and professional motorcycle racer Shelina Moreda. All boundary-breakers, cultural change-agents and true makeup-lovers, these women accomplish, empower and inspire as strong representatives of the brand's vision. Laurent Kleitman, President, Coty Consumer Beauty, added, "The new COVERGIRL positioning is an important example of Coty's purpose to celebrate and liberate the diversity of beauty. Beauty should make people happy, and when we champion individuality and self-expression, that's when we see its true power.