BOSS BOTTLED UNITED EXPERIENCE Pitch slide image

BOSS BOTTLED UNITED EXPERIENCE Pitch

COTY'S PORTFOLIO OPTIMIZATION PROGRAM Platforming ● • Tail-End SKU Rationalization Removing Non-Productive SKUs (low performing, low profitability) Revenue neutral due to increased shelf productivity Status: Rationalization plan built in Aug 20; now in implementation Example: Color Cosmetics COTY SINCE 1904 • Common formula ‘chassis' and • packaging formats • Winning innovations / technologies are rapidly rolled out across brands • • • Status: Defined for Color Cosmetics; Fragrances will be next Category Example: Foundations Assortment Management Prioritization of competing SKUs with higher GM Optimizing SKU Mix in Planograms Status: Optimized Planograms being finalized, implementation starting Jul 2021 Example: Rimmel 100% 100% From To % Red. RIMMEL LONDON 001 NORDEN Bottles Shapes 9 5 44% NOUVEAU 65% Caps 16 7 56% 97% Pumps 8 3 63% Tubes a 3 50% ULTIMATE KOHL KAJAL EYELINER/TRACEUR 35% Tottles 2 0 100% 3% Chassis 26 5 81% SKUs Net Sales Formulas 41 26 37% Non-Productive Productive TERPROOF KOHL OHL HYDROFUSE 056 0Z 1.6g Rimmel Ultimate Kohl Kajal RIMMEL LONDON SOFT KOHL RAILER PENDL INTENSE SMOKEY MENTED PILENCE Gross Margin: low Rotation: low 011 Crayon 00 Sohncifor Smokey Eye Look BLENDABLE & LONG WEARING Rimmel Soft Kohl Kajal Gross Margin: high Rotation: high 21
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