Latest news with #Interparfums
Business Insider
19-06-2025
- Business
- Business Insider
Kepler Capital Remains a Hold on Interparfums (0IUJ)
In a report released on June 17, David Cerdan from Kepler Capital maintained a Hold rating on Interparfums (0IUJ – Research Report), with a price target of €38.00. The company's shares closed last Tuesday at €37.35. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Cerdan covers the Industrials sector, focusing on stocks such as Elis SA, Quadient SA, and Wendel SE. According to TipRanks, Cerdan has an average return of -5.3% and a 46.97% success rate on recommended stocks. Interparfums has an analyst consensus of Moderate Buy, with a price target consensus of €46.00.
Reuters
16-06-2025
- Business
- Reuters
CoverGirl parent Coty exploring sale, WWD reports
June 16 (Reuters) - Beauty company Coty (COTY.N), opens new tab is seeking buyers for a selloff in two parts, fashion trade publication WWD reported on Monday, citing multiple industry sources. The company intends to sell both its luxury segment, which houses brands such as Hugo Boss, Gucci and Burberry, and its consumer division, including CoverGirl and Max Factor, the report said. U.S.-listed shares of Coty jumped 7% during afternoon trading. However, the stock has fallen nearly 25% this year as the company grapples with a worsening macroeconomic environment and President Donald Trump's erratic trade policy. The company cut its annual profit forecast and postponed its investor day in May, and said that although its tariff exposure was low, it planned to shift some production from Europe to the U.S. while broadening its sourcing of raw materials outside China. Coty was in discussions with premium perfume maker Interparfums ( opens new tab about the sale of its luxury business, the report said, adding that the talks were in early stages. Coty said it does not comment on rumor and speculation, while Interparfums did not immediately respond to a Reuters request for comment.
Yahoo
16-06-2025
- Business
- Yahoo
Coty Looks to Be for Sale, According to Industry Sources
Could it be the end of an era for one of beauty's most storied names? Buzz is swirling that Coty Inc. is looking for buyers, but it would not be a one-and-done deal, according to multiple industry sources. More from WWD EXCLUSIVE: Bradley Cooper, Maluma and Vinicius Junior Front Boss Bottled Beyond L'Oréal Is Launching a Global Campaign for World Refill Day L'Oréal and Nvidia Collaborate to Bring Next-gen AI to Beauty While the sources said talks are in the very early stages, a number have told WWD that Coty, jointly listed in New York and Paris, is exploring a potential sell-off in two parts. That would involve its Luxury division, counting brands such as Gucci, Burberry, Jil Sander and Hugo Boss, and its Consumer division, with mass brands including Covergirl, Max Factor and Rimmel London. A Coty spokeswoman reached Monday said the company does not comment on rumor and speculation. For Coty's luxury business, sources have said that the company is in talks with Interparfums, although they speculated that Interparfums would want only some of the fragrance brands — namely Burberry and Hugo Boss. Burberry Goddess, released in 2023, remains Coty's biggest launch ever, while Hugo Boss became the number-two men's fragrance franchise in Europe in the second half of last year. For this reason, a potential deal for Coty's fragrance business could come in the form of a strategic partnership or merger, versus an outright acquisition, one source suggested. 'Overall, we are always inclined to look when opportunities present themselves,' said a spokesman for Interparfums SA on Monday. Interparfums is said to have had already made an offer to Coty for the blockbuster Burberry license, which Interparfums previously held through end-2013. Meanwhile, the Gucci fragrance and beauty license would likely be short-lived anywhere but at parent company Kering. Time is ticking on that jewel in the crown of Coty's Luxury division. It has long been believed that Kering plans to take Gucci fragrance and beauty activity in-house once the license expires, as the luxury group is building out its beauty division. WWD articles from past decades repeatedly cited that the original license for Gucci fragrances had a 50-year duration, which makes the expiration sometime in 2028. Coty chief executive officer Sue Nabi also hinted at that date when she told journalists in July 2023 that there would be no discussion of the renewal of any of Coty's licenses for at least another five years. According to some industry sources, the sticking point regarding a potential sale of Coty is whether the group could find a buyer for its mass division. For the third quarter of fiscal 2025, ended March 31, Coty's Consumer beauty net revenue declined 9 percent, reflecting that softness that many in the category are feeling. Another source claimed Coty's hope had been to find a buyer for the mass division in Asia, but the slowdown in the region combined with the ongoing trade war with the United States has meant that this is increasingly unlikely. Compounding the difficulties could be that the Consumer division has some key challenges. Mass market brands are also increasingly up against competition from direct-to-consumer contenders. And investors often don't see mass brands as appealing as their luxury counterparts from a valuation standpoint. Nevertheless, one source suggested the mass division might be of interest to private equity. All sources believed that Coty would be unable to sell its entire business to one entity, not least due to antitrust issues. 'If they get someone to buy the mass division, the fragrance business will be bought tomorrow,' said another source. Coty has also been trying to sell its remaining 3.6 percent stake in hair care giant Wella. The group came close at one point with a proposed sale to investment firm IGF Wealth Management, but that fell through in October 2023. Coty had planned to be fully divested of its Wella holding by 2025. Meanwhile, industry speculation continues to mount over the longevity of Nabi as Coty's CEO. Some sources conjecture that she could exit the company as early as this summer. Nabi, who founded Orveda, joined Coty as CEO in 2020, succeeding Peter Harf, who moved up into the role of executive chairman. But in April, JAB, Coty's largest investor, announced Harf would retire after 40 years at the company. He continues to serve as chairman of Coty's board, while managing partners Joachim Creus and Frank Engelen keep leading JAB as co-CEOs. Nabi, beauty's highest-paid executive, spent 20 years at L'Oréal prior to launching Orveda. Multiple phenomena have led to this point when Coty could be for sale. For one, the company's stock has taken a beating. Year-to-date, Coty shares are down 30.7 percent, versus its peers L'Oréal, up 9.9 percent, and the Estée Lauder Cos., down 2.4 percent, for instance. Coty's market cap currently stands at $4.13 billion. There is, as well, the issue of the Gucci license, the possible impending loss of which would be a big financial blow to Coty. And in May, the group reported a $71.1 million loss on the divestiture of Skkn, Kim Kardashian's beauty business, amid a third-quarter revenue decline. Coty had taken a 20 percent stake in Kardashian's beauty interest in 2022 for $200 million, and together they launched Skkn by Kim, a skin care and color cosmetics line. Neither initiative seemed to have had the success of earlier offerings. Then in March, Kardashian regained full control of Skkn by Kim, with her shapewear and apparel company Skims acquiring Coty's share. Another factor is that the Kylie Cosmetics brand is said not to have taken off as expected, either, although its entry into fragrances has performed well in the last year. Coty in November 2019 acquired a majority stake in the reality star's beauty empire in a deal that valued that company at about $1.2 billion. In its third quarter, Coty's total net revenues fell 6 percent to $1.29 billion. Analysts had forecast $1.3 billion. Coty ranked ninth in WWD Beauty Inc's Top 100 Beauty Companies list reflecting 2024 results, with sales of $6.1 billion, up 1.7 percent year-on-year. Best of WWD Which Celebrity Brands Are Next for a Major Deal? Lady Gaga, Beyonce and More Possible Contenders for the Next Corporate Prize The Best Makeup Looks in Golden Globes History A Look Back at Golden Globes Best Makeup on the Red Carpet, From Megan Fox to Sophia Loren [PHOTOS] Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
04-06-2025
- Business
- Yahoo
Interparfums (IPAR) Up 14% Since Last Earnings Report: Can It Continue?
It has been about a month since the last earnings report for Interparfums (IPAR). Shares have added about 14% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Interparfums due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. It turns out, fresh estimates have trended downward during the past month. At this time, Interparfums has an average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. Following the exact same course, the stock was allocated a grade of D on the value side, putting it in the bottom 40% for this investment strategy. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Interparfums has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Interparfums, Inc. (IPAR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Hype Malaysia
05-05-2025
- Entertainment
- Hype Malaysia
Spritz Yourself With A Reimagined Bold Classic: LACOSTE ORIGINAL
From the first polo shirt and clothing logo to the first steel racket and tennis ball machine, these four words embody the essence of the Lacoste brand and celebrate the pioneering spirit of its founder. René Lacoste was a tenacious champion and passionate inventor, often the first in the Original sense. This one word, in all its nuances, evokes his many facets and talents: Original, Revolutionary, Innovative, Genius, Inspiring, New, Authentic, Liberated. 'French Fashion Sport' A symbol of French elegance since 1933, Lacoste has been honouring the legacy of its founder for over ninety years. Combining the traditional with the ultra-modern, this fashion-sports brand revisits its codes with creativity and inventiveness, with the iconic crocodile – a firm favourite the world over – as its figurehead. While fragrances have long been part of the Lacoste universe, the brand is expanding its olfactory wardrobe with an original creation that reflects its unmistakable identity and celebrates its bold, daring personality. Lacoste presents LACOSTE ORIGINAL. LACOSTE ORIGINAL, The New Fragrance A subtle nod to the Lacoste Original fragrance launched in 1984, this new scent marks the first collaboration between Lacoste and Interparfums, embodying both authenticity and innovation. Elegantly revealing all the brand's iconic codes, it adds an unexpected and surprising dimension to its olfactory universe, writing the first chapter of an inspiring, untold story. A Design With Status Sleek, timeless and iconic, the LACOSTE ORIGINAL bottle is a natural extension of the brand's DNA with its iconic green and white hues dominating the look. Its thick, transparent glass silhouette embodies a distinctive elegance with its rounded shoulders, slender lacquered cap and subtle black and silver detailing. The Crocodile – the brand's iconic emblem – is embossed on the cap and bottle label. Meanwhile, the box features the same codes and details as the bottle, in a perfect rectangle with modern graphics. A Sophisticated Olfactory Composition Style and movement: these two dimensions so dear to Lacoste have guided Master Perfumer Anne Flipo and Perfumer Tanguy Guesnet in creating the LACOSTE ORIGINAL Eau de Parfum. 'As a brand, Lacoste combines timeless freshness with creative frenzy. The idea behind this sophisticated fragrance is to express movement in all its forms in a unique, powerful creation.' — Anne Flipo This unique partnership of experience and spontaneity has resulted in a dynamic and modern woody ambery fougère. 'Anne and I worked on a citrus freshness with fiery spices to convey movement in this fragrance. Zesty notes of Bergamot, combined with the liveliness of Cardamom and Pink Peppercorn, make it a highly dynamic and modern scent.' — Tanguy Guesnet LACOSTE ORIGINAL opens with the intense, tangy freshness of Bergamot, enhanced by spicy Pink Peppercorn and Cardamom accents. These explosive top notes give way to the elegance of Lavender and Clary Sage, which form an intense aromatic heart. At the base, sensual Sandalwood and powerful Patchouli lay the foundations of a potent sillage that blends comforting Amber with addictive Tonka Bean. Dynamic, modern and addictive, LACOSTE ORIGINAL is the olfactory expression of exalted creativity, freedom of movement and French elegance, the hallmarks of all Lacoste creations. Retail Price: LACOSTE ORIGINAL Eau de Parfum (60ml) – RM333 LACOSTE ORIGINAL Eau de Parfum (100ml) – RM467 Hit up Lacoste's official website for more details.
