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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. Kering to acquire jewelry manufacturer Raselli Franco Group
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  3. Exclusive Resorts purchases Inspirato for $59M
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. For high-end fashion brands, wellness is the ultimate luxury
  6. Luxury Women to Watch 2017
  7. Louis Vuitton introduces Visionary Journeys Seoul
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  10. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
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