Coty Inc.

COTYEngagedHigh priority

Cosmetics · Mass & Prestige Fragrance · New York, NY

US C-corporation — eligible for the §170(e)(3) enhanced deduction

Global mass + prestige beauty. FY24 gross margin hit by 'an increase in excess and obsolescence costs across various subcategories'; active SKU rationalization.

coty.com

Fit score

Owner

Devin Park

Revenue

$6.1B

Employees

11.8K

Est. excess / yr

$18M

Modeled deduction

$10.8M

Buying signals · 2

Rising excess & obsolescence costs (FY24)

Inventory write-down

Gross-margin pressure from 'an increase in excess and obsolescence costs across various subcategories'.

Detected May 28, 2026 · source

Active SKU rationalization

Discontinued SKU

Reducing returns and obsolete inventory via sellout-focused SKU cuts.

Detected May 15, 2026 · source

Activity

Intro call — Simpli x Coty sustainabilitybookedmeeting · Jul 8, 2026
Next: Prep MissionMatch preview (Jul 15, 2026)
Your rising E&O costs → 3x returns via donationrepliedemail · Jun 30, 2026
Next: Send §170(e)(3) deduction model (Jul 16, 2026)

Donation lots

Discontinued fragrance license stock (pilot)

9,000 units · Cosmetics

Scheduled

§170(e)(3) opportunity

Est. cost basis / yr$7,560,000

Est. fair market value$18,000,000

Enhanced deduction$12,780,000

min(basis + ½(FMV − basis), 2 × basis)

Contacts

(Chief Supply Chain Officer)

Primary

Chief Supply Chain Officer

Supply Chain

Outreach drafter

Figures modeled on IRC §170(e)(3) enhanced deduction for C-corporation inventory donations to qualified 501(c)(3) organizations. Informational only — not tax or legal advice. Validate treatment with a qualified tax professional.