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Tough Year For Nail Care Weighs On Coty’s FY 2014; Firm Answers With Innovation

This article was originally published in The Rose Sheet

Executive Summary

Mass-channel market contraction and “increased promotional and competitive pressure” impacted Coty’s Q4 and fiscal 2014 results, but the firm looks for new launches to propel sales in 2015. The summer introduction of Sally Hansen Miracle Gel is already paying dividends for the New York-based firm, according to CEO Michele Scannavini.

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