Coty Launches Next Phase of Transformation for Enhanced Efficiency

Coty Inc., a leading global beauty company, has initiated the next phase of its "All-in to Win" transformation program. This phase aims to streamline operations, targeting approximately $130 million in fixed cost savings alongside ongoing productivity savings totaling $240 million over the next two years. Since the program's inception in FY21, cumulative savings are expected to reach $1.2 billion.

The strategic initiative focuses on simplifying Coty's operating model and enhancing innovation and market priorities. Key efforts include restructuring market organizations for efficiency, consolidating support functions, and prioritizing impactful innovations.

Coty projects annual fixed cost savings of about $130 million by FY27. The company anticipates impacting approximately 700 positions while following all regulations. The combined efforts are expected to yield $500 million in savings between FY25-FY27.