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Commerce

Prestige beauty sales down 5pc at Coty, as luxury fragrance carries conglomerate

February 8, 2023

Coty promotes an ethos of "fearless kindness" across its portfolio. Image credit: Coty Key fragrance launches lifted Coty's luxury category, with Burberry's Hero EDP and Gucci's Flora Gorgeous Jasmine taking top global sales spots for prestige fragrances. Image credit: Coty

 

By Luxury Daily News Service

U.S. beauty group Coty is offering a case study in olfactory success, despite overall sales declines experienced during the company's last fiscal quarter.

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  1. Chef Yotam Ottolenghi to debut first Netherlands restaurant at Mandarin Oriental Amsterdam
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  5. Exclusive Resorts purchases Inspirato for $59M
  6. Lamborghini heads to French Alps for women-led driving series
  7. Louis Vuitton introduces Visionary Journeys Seoul
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  10. Tariffs and their effect on luxury goods: Even the ‘de minimis‘ exemption is no more
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