Coty

Coty Cuts Annual Profit Forecast, Posts Quarterly Revenue Drop

Coty cut its annual profit forecast and posted a surprise drop in quarterly revenue, as it faces slowing demand for cosmetics.

Coty Misses Revenue Estimates On Cautious Retail Orders, Lacoste License Sale

CoverGirl parent Coty missed fourth-quarter revenue expectations, impacted by its divestiture of Lacoste fragrance license and controlled orders from cauti...

L’Oréal Sees First-Quarter Sales Up On Strong Mass Market Demand

L’Oréal reported a 9.4% rise in first quarter sales on a like-for-like basis, beating expectations and easing concerns about a slowdown in the...

Coty Raises Annual Core Sales Outlook As Fragrances, Cosmetics Drive Demand

Coty raised its annual core sales forecast on the back of higher pricing and strong demand from customers who snapped up the CoverGirl parent's new makeup...

Coty Moves Ahead With Paris Stock Listing Plans: Report

CoverGirl cosmetics parent Coty is moving forward with its plan to list on the Paris Stock Exchange which could take place as soon as the coming weeks, Blo...

Coty Forecasts Downbeat Annual Profit As Goods, Labour Costs Bite

CoverGirl parent Coty has forecast annual profit below Wall Street expectations, hurt by steeper input expenses, even as the company raised product prices...

Coty Agrees To Sell 3.6% Of Its Stake In Wella

CoverGirl cosmetics maker Coty has announced that it has agreed to sell a portion of its stake in professional beauty business Wella to investment firm, IG...

Coty Lifts Profit Forecast As Luxury Shoppers Seek Cosmetics, Fragrances

Coty Inc raised its annual profit forecast for the second time and beat third-quarter revenue estimates, buoyed by the CoverGirl parent's price hikes and s...