05 - 06 June 2024 in Munich CosmeticBusiness

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07/09/2022 CosmeticBusiness

Coty Achieves Double-Digit Growth

The Company Reports Strong Performance of Both Divisions

Coty ends the fiscal year 2022 with double-digit sales growth. According to the company, sales were driven by consistent momentum in both divisions, with Prestige growing 20 per cent, and Consumer Beauty growing 7 per cent . In Q4, the manufacturer's sales reportedly increased 10 per cent, including the negative impact from exiting its Russia business. E-commerce continued its strong performance, with double-digit sales growth in Q4 and FY22, the company states. Further information ...

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