‘Coty is back’: Beauty giant’s business picks up after Covid-19 struggle

By Lucy Tandon Copp 27-Aug-2020

The company’s founder and Executive Chairman Peter Harf says the business has experienced ‘significant improvement’ over the last 2 months, despite releasing downbeat Q4 and full-year results

‘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.

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But over the last two months, Peter Harf reassured that business has taken a turn for the...

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