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21 Dec

Coty Sells Lacoste Fragrance License Back to Lacoste –

by Beautifaire101
Beauty, Featured
Coty Sells Lacoste Fragrance License Back to Lacoste –
It’s a case of 1 out, one in for Coty’s fragrance offering. Coty has sold its Lacoste fragrance license back to Lacoste by mutual agreement for an undisclosed sum, and individually, renewed its license with Hugo Boss. Coty had managed Lacoste’s fragrances for the past six years and stressed that in its tenure, Lacoste men’s fragrances have secured a premium positioning out there, with two award-winning pillars, L’Homme and Match Point, multiple innovations, and a 17-place improvement in French market rankings. Thierry Guibert, Lacoste president, said: “We're very appreciative of Coty’s support throughout our partnership. With Coty, Lacoste has taken a vital step in the event of its fragrance lines. It's now time for the brand to renew its approach to proceed its...
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25 Aug

Forget the Lipstick Effect, It’s the Fragrance Effect at

by Beautifaire101
Beauty
Forget the Lipstick Effect, It’s the Fragrance Effect at
First there was the lipstick effect. Now Coty Inc.’s chief executive officer Sue Nabi is all in regards to the fragrance effect. Despite recession fears and sky-high inflation, Coty’s prestige fragrances have been flying off the shelves, with particularly strong performances from Hugo Boss, Burberry, Chloé, Calvin Klein and Gucci Beauty, which delivered 20 percent growth within the fourth quarter and helped the general prestige sector to grow of 16 per cent year-over-year, to $662.8 million. “Fragrances speak to everyone – regardless of the age, regardless of the gender ,and what we've got seen, which is the truth of the info and statistics, is that this beauty market is lifted by the fragrance consumption and this isn't female or male. It’s each...
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