‘Coty is back’ says its founder and Executive Chairman, as the beauty brand owner’s business starts to show early signs of recovery after the initial impact of Covid-19.
The conglomerate reported disappointing Q4 and full-year results, with revenues down US$1.2bn or 22%, with operations ‘severely impacted’ by the pandemic.
But over the last two months, Peter Harf reassured that business has taken a turn for the