Coty Inc has been honoured as the most innovative company of 2011 by the Consumer Goods Technology (CGT) Group. The group, made up of senior leaders representing the consumer industry, unanimously awarded Coty with this achievement following a review of hundreds of entries. Three Coty products were recognised as being the most innovative: Rimmel Lash Accelerator, for its lash growth technology; Sally Hanson Salon Manicure, for the first use of encapsulation in nail lacquer; and Sally Hanson Special Effects, for its patented film technology.
The CGT Group’s board of directors includes executives from Alberto Culver, P&G, Unilever, Nestle, Accenture, Miller-Coors, Gartner Group, DelMonte Foods and Rubbermaid.
“We are humbled to be recognised by a board of peers who are industry giants in their respective companies,” said Coty ceo Bernd Beetz of the accolade. “At the helm of this great company for ten years now, I have seen first hand the drive and creativity that embodies all those who work at Coty. I am confident that this achievement will propel us even further as we continue strengthening our innovation pipeline and delivering products that consumers love.”