HBW Insight is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By


Coty Mulls Divestiture Of Non-Power Brands, ‘Fading’ Celeb Scents

This article was originally published in The Rose Sheet

Executive Summary

Coty Inc. acknowledges that some celebrity scents are “fading away” and the firm will consider selling or eliminating certain non-power brands, which collectively make up 30% of its portfolio. The firm’s first-quarter net sales were flat on a reported basis, weighed down by underperforming fragrances and softness in body care, while color-cosmetics sales increased 10% on a like-for-like basis.

You may also be interested in...

Coty Ends FY 2015 On Efficiency High Note, Primed For P&G Beauty Integration

Coty is readying for its merger with Procter & Gamble's beauty business, which will make it the global fragrance leader and the third-largest beauty company worldwide. Interim CEO Bart Becht suggested that the firm's fragrance strategy involves moving away from celebrity scents, which are past their "heyday," as it works to reignite top-line growth.

In Brief: N.Y. Eyes Triclosan Ban; Avon To Sell Coty Scents In Brazil; More

Personal-care, cosmetic and cleaning products containing triclosan would be banned from sale in N.Y. under a bill introduced Feb. 4. More news in brief.

Tests Show CBD Levels In Some Supplements Don't Match Labeling

Seven of 10 CBD-containing supplement products tested in a lab did not contain the levels of CBD advertised on the label, says hemp, CBD and natural health product information publisher Remedy Reviews. Most products also were found to contain heavy metals.

Related Companies




Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts