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Coty and KKR signed a Memorandum of Understanding for KKR to acquire a majority stake in Coty’s Professional Beauty and Retail Hair Businesses at a contemplated enterprise value of $4.3 billion.

Similar to restaurant, hotel and retail store employees, beauty professionals have been hit hard by the economic impact of CV19 health and safety guidelines that have resulted in salon closures.

Coty Inc. announced it has started producing hydro-alcoholic gel, which is used as hand sanitizer, to help combat the COVID-19 virus. Production and donations are expected to reach tens of thousands of units per week.

Wella Professionals announced the winners of the 17th Edition of their International TrendVision Award ITVA. With over 9,000 entries, this global competition brings together the talent and craft of hairdressers from 39 countries worldwide, and across all key industry categories.

COTY Professional Beauty announces the 2020 North American Beauty Envision Awards, a competition for salon professionals who are ready to unleash their creativity and envision the next era of beauty.

In an exclusive interview with Estetica Magazine, Sylvie Moreau, President, Coty Professional Beauty, looks forward to taking Wella Professionals and hairdressers’ businesses to the next level, developing the industry of the future while unveiling amazing tech innovations for an augmented hair salon experience.

In an exclusive statement to EsteticaNework, Coty Professional Beauty Executives shared additional perspective on the company's latest strategic review process and its decision to sell its salon professional portfolio.

Last night, 27 top hairstylists and nail artist professionals from the United States, Puerto Rico and Canada came together for the inaugural COTY Professional North American Beauty Envision Awards presented by TrendVision at the Hollywood Palladium in Los Angeles, California.

COTY Professional Beauty announced the finalists for the first North American Beauty Envision Awards, a competition for salon pros who are ready to influence the very definition of beauty with the art they create. Finalists will compete live on July 21st, 2019 at the Hollywood Palladium in Los Angeles.

Sebastian’s Anthony Cole and Wella’s Galini Hristov mentored cosmetology students Angie Hinojosa & Kamree Markley to create their first professional photoshoot produced by Estetica Magazine.

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