Coty misses sales forecasts due to subdued retail orders and Lacoste license sale
From Reuters Published 21 August 2024 Coty, the parent company of CoverGirl, missed fourth-quarter sales expectations on Tuesday. The group was hit by the sale of the Lacoste perfume license and controlled orders from cautious retailers, which slowed growth in the prestige and mass fragrance segment. CoverGirl The decision to sell the Lacoste license back […]
