Coty Reports Rocky Start to 2027 Fiscal Year as Middle East War Bites Revenues

Coty reports rocky start to 2027 fiscal year as Middle East war bites revenues

Coty, the owner of Kylie Cosmetics, has called 2027 a ‘transitional year’, as it grapples with the loss of Gucci and shores up other areas of its business with a 40-year extension of its Marc Jacobs Beauty license

Coty Sales Tumble 2% as Transition Kicks In

The French beauty group is working to claw back the negative sales of the last fiscal year, gearing up for an uneven revival.

Coty Reports Q1 FY27 Results Amid Transition Year

Coty reports $1.55 billion in Q1 FY27 revenue, marking a 1% decline amid its transition year.

Coty’s core Prestige brands return to growth in Q1, narrowing net revenue declines

Growth in Coty’s core Prestige brands and Asia travel retail provided bright spots as first-quarter revenue declined -1% year-on-year and the beauty group advanced its portfolio transformation under the Coty.Curated framework.

Coty Beats Quarterly Forecasts As Prestige Brands Return To Growth

Beauty group Coty has reported a 1% decline in first-quarter revenue to $1.56bn, although sales and earnings exceeded market expectations as improving demand for its core prestige brands helped support its turnaround strategy. The owner of CoverGirl, Rimmel, Hugo Boss (more…)