Focus on Ultra-Luxury Brands
Coty plans to focus on ultra-luxury brands such as Atelier des Fleurs from Chloé, Burberry Signatures, and others, aiming to maintain a top-three position in global and prestige fragrances despite the loss of the Gucci license.
Impressive Brand Growth
Coty has achieved significant growth with brands like Burberry (140%), Hugo Boss (33%), Chloe (70%), and Marc Jacobs (50%) over the last five years.
Strong Performance in Fragrance Segment
Coty's fragrance segment continues to grow, with innovations like BOSS Bottled Beyond contributing to market share increases, and expected strong performance in the upcoming Q2.
E-commerce Growth
Coty's e-commerce net revenue is now over $1 billion, with a 5% to 6% sellout growth in both divisions.
China Market Growth
Coty's sell-out growth in China was 15%, driven by skincare (Lancaster growing 90%) and fragrances growing twice as fast as the market.