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Jan. 17, 2026
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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. Actress Demi Moore joins Kérastase as global brand ambassador
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  3. Top luxury campaigns of 2025: Rolex, ‘Reach for the Crown’
  4. Patrón takes over as official tequila sponsor of Grammy Awards
  5. Ralph Lauren seats new board member
  6. Marriott’s Luxury Group signs on as partner of US SailGP Team
  7. Fendi launches Lunar New Year pop-up in Shanghai
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  9. Top luxury campaigns of 2025: Burberry, ‘It’s Always Burberry Weather’
  10. Saks Global files for Chapter 11 bankruptcy protection
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