By  on February 8, 2018

Coty Inc.’s recent acquisition spree is boosting its sales and profits.

The beauty business posted $109.2 million in net income in fiscal second quarter, up more than 100 percent from the prior-year period because of recent acquisitions. Net sales were up 15 percent to $2.6 billion. Even without the acquisitions of Younique, Burberry and Ghd, Coty’s organic sales were up 2.8 percent in constant-currency, the company said.

To continue reading this article...

To Read the Full Article
SUBSCRIBE NOW

Tap into our Global Network

Of Industry Leaders and Designers

load comments
blog comments powered by Disqus