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Stock impact report

Best Date Night Fragrance in 2024 [Yahoo! Finance]

Coty Inc. Class A (COTY) 
Last coty inc. class a earnings: 2/5 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.coty.com
Company Research Source: Yahoo! Finance
The Booming Luxury Fragrance Market and Coty Inc. (NYSE: COTY ) Strategic Expansion: As the luxury and ultraluxury beauty products market is expected to grow from $20 billion to $40 billion by 2027, according to McKinsey , the fragrance and cosmetics behemoth, Coty Inc. (NYSE:COTY), doesn't want to ignore this sector. The company recently launched a new line of premium scents under its luxury brand Infiniment Coty Paris, and the project was presented as Coty Inc. (NYSE:COTY)'s "most ambitious and most premium fragrance project to date." As per the company, the collection will eventually consist of fourteen different perfumes. Regarding this new venture, the CEO of Coty, Sue Nabi, stated, "Infiniment Coty Paris is a creation that marks a natural progression for the company, fusing beauty, science, and art.” Due to the strength of current icons and the contribution of new releases, Coty's prestige fragrance revenues increased by about 7%, as reported, 12% LFL in Q3 2024, an Show less Read more
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