Fragrance

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.

Givaudan's 2023 Sales Beats Estimates; Expects Little Red Sea Impact

Givaudan said its sales volumes were stabilising after it reported higher-than-forecast 2023 organic sales growth on strong performance in its fragrances b...

Coty Raises Profit Forecast On Resilient Demand, Price Hikes

Coty Inc has raised full-year profit forecast, betting on price hikes and resilient demand for its fragrances and cosmetics even as inflation pinches consu...

Flavour Maker Givaudan Beats Earnings Forecasts In A Tough Year

Swiss fragrance and flavour maker Givaudan has reported better-than-expected earnings for a year characterised by high input costs and supply chain disrupt...

Rémy Cointreau To Enter Perfume Market At €5,500 A Bottle

Rémy Cointreau is entering the luxury fragrance market with the launch of Maison Psyche, an upscale perfume house that will sell scents starting at...

Givaudan Sees Slow Sales Growth In Third Quarter

Swiss fragrance and flavour maker Givaudan said sales growth slowed in the third quarter, especially in its flavours business in North America.

Givaudan To Accelerate Price Increases In Second Half

Swiss fragrance and flavour maker Givaudan will accelerate price increases in the second half of the year to offset higher costs, it said on Thursday after...

Coty Bets On Fragrances For Return To Sales Growth

Coty Inc said it expects to post full-year sales growth for the first time in at least three years, as people splurge on fragrances and cosmetics following...

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