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March 4, 2015
By: TOM BRANNA
Editor
Coty Inc.’s net revenues fell 5% to $1.3 billion for the second quarter of fiscal 2015. For the first six months, ended Dec. 31, 2014, net sales decreased 2% to $2.4 billion. Commenting on the company’s performance, chairman and interim CEO Bart Becht said, “Our Q2 and first half results demonstrate that our strategy, as outlined last quarter, of investment in and revenue growth on our power brands and returning Coty to profitable growth behind efficiency programs is beginning to yield result...
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