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 ...