Coty unveils Gucci Flora Gorgeous Magnolia Eau De Parfum trbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trbusiness.com Daily Mail and Mail on Sunday newspapers.
Very Strong Sales Growth in Both Divisions in Q4 and FY23, Ahead of Expectations
Continued Gross and Operating Margin Expansion
FY24 Sales Growth Outlook At Top of Mid Term Target Range, Coupled with.
As the luxury and ultraluxury beauty market has the potential to double by 2027, from around USD 20 billion today to around USD 40 billion, according to McKinsey, the beauty and fragrance giant does not want to overlook this segment and announced several initiatives to premiumize its offer.
Considering the excellent results of its Prestige division, Coty intends to adapt its offer to structural changes in the market, especially with regard to perfumery where more and more consumers opt for.