Skincare, lipstick, and eye makeup products are the top three products in terms of export volume.
Adjusted EBITDA increased 7.3% at constant currency to CHF 440 million.
For the full fiscal year 2022, reported net sales were $12.44 billion, showing an increase of 7% compared to the prior year period. On a comparable basis, currency-neutral sales increased by 9%, with growth achieved across all divisions, led by double-digit increases in Nourish and Pharma.
In Full Year, sales increased by 18.5% to €38.26 billion reportedly and by 10.9% on a LFL basis. In Q4, sales rose 13.5% reportedly to €10.32 billion and 8.1% on a LFL basis.
Chief Finance Officer Laurent Mercier said that Coty would implement new price increases in a very granular manner.
Prior to launching her own brand, Chen served as Vice President of Operations at The Honest, a personal care brand founded by American actress Jessica Alba.
“A high-end brand should not only display a high-class space but also bring some inspiration, as its social value.”
MILLER HARRIS began to make market entry strategies in 2017, and two years later, the brand officially opened its first mortar-and-brick store in China.
The identity of consumers is gradually changing from “user” to “connoisseur”.
On November 24, an online forum themed “Why is high-end fragrance so popular in China?” was successfully held by LuxeCO Intelligence, a research and strategy consulting service provider found by Luxe.CO. Hosted by Elisa WANG, Senior Vice President of Luxe.CO and Director of LuxeCO Intelligence, three notable guests from the fragrance industry, Ping CHEN, Fragrance […]
