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January 6, 2015
By: TOM BRANNA
Editor
Coty Inc. posted financial results for the first quarter of fiscal year 2015, ended Sept. 30, 2014. Net revenues increased 1% to $1.2 billion. According to chairman and interim CEO Bart Becht, it was a quarter of good strategic progress but mixed financial results. “Our strategy of focusing on our power brands showed signs of progress, as power brands’ revenues grew mid-single digits due to exciting innovations like Sally Hansen Miracle Gel or Marc Jacobs Daisy Dream as well as higher support...
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