Coty Inc.Articles & NewsNewsCoty to Receive Wella Shareholder Distribution of $250M at MinimumThe distribution is an increase from the expected $175 million due to Wella finalizing the intended use of proceeds from its recent refinancing.NewsCoty Completes Sale of Wella Stake to KKRThrough this sale, Coty is projected to reduce its financial debt by millions.NewsCoty Expands Kylie Skin in United Kingdom, France, Germany and Australia“The launch of the Kylie Skin international websites also reinforces Coty’s strategic commitment to strengthening the direct-to-consumer business model," said Simona Cattaneo, president luxury brands at Coty.Fragrance/HomeCalvin Klein's New Ad Campaign Promotes Fragrance LaunchCalvin Klein Fragrances launch CK Everyone, the brand's first gender-free fragrance that's designed for everyone. The release coincides with CK One, the brand's new jean and underwear line.NewsCoty Inc. Appoints Richard Jones as Global Chief Supply Officer“We are glad to welcome [Jones] to our team and his experience, notably in beauty, will be key to the progress of our company’s evolution,” said Coty Inc. CEO Pierre Laubies.NewsCoty Inc. Appoints Pascal Baltussen Global Chief Procurement Officer“[Baltussen's] deep experience in procurement and track record of success will be a great addition to the Coty executive committee, and we are looking forward to having him on board soon,” said Coty CEO Pierre Laubies.