NEW YORK — With a potential initial public offering planned for the first half of 2013, Coty Inc. is officially in a quiet period. But the message sent by chief executive officer Michele Scannavini at the CEW Newsmaker Forum on Wednesday night was loud and clear: The aggressive corporate culture created by former ceo Bernd Beetz that helped propel the company into a $4.6 billion beauty conglomerate over a 10-year period is still very much in effect.
“Coty is about innovation,” he told the audience in his opening remarks. “We really like to look at the industry from a different angle. We are not happy with a safe bet, with banality.”
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)