Our Opinion
Coty, Inc., is on the Cruelty Free Investing list for exploiting animals because the company pays third parties for conducting cruel tests on animals in order to sell its products in China.
Supporting Evidence:
PETA: 12 Beauty Brands That You Thought Were Cruelty-Free (but Aren’t)Coty, Inc. statement on Animal Testing
See #8. OPI. “OPI is owned by Coty, Inc., and was removed from our cruelty-free list when it refused to answer our questions about its cruelty-free policy and selling in China.”
Company Description
Coty, Inc. manufactures and markets beauty products, fragrances, color cosmetics and skin care products. The company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care, and Brazil Acquisition. The Fragrances segment provides a variety of men’s and women’s products. The brands in the Fragrances segment provides brands associated with fashion designers, Lifestyle brands and brands associated with entertainment personalities. The Color Cosmetics segment provides lip, eye, nail and facial color products. The Skin & Body Care brands include adidas, Lancaster, philosophy and TJoy. The Brazil Acquisition segment deals with personal care and beauty business, which includes skin care, nail care, deodorants, and hair care products. Coty was founded by Francois Coty in 1904 and is headquartered in New York, NY. [Source: MarketWatch]
Company Website: https://www.coty.com