Coty said first quarter sales in fiscal 2016 slipped 6% to $1.1 billion for the quarter that ended Sept. 30, 2015. However, Coty’s operating income increased 4% to $173.4 million. According to the company, growth in color cosmetics was offset by declines in fragrances and skin and body care. A 9% increase in the color cosmetics segment was driven by power brands Sally Hansen, Rimmel, and OPI. Fragrance sales declined 8% due to difficult innovation comparisons in the prior-year period and pres...