Coty Focused On Mass Beauty, Kylie Skin Care Growth As Turnaround Effort Meets COVID-19

In its third-quarter earnings call, Coty leadership discussed promising “green shoots” and the firm’s highly focused strategic priorities in the shadow of the COVID-19 pandemic.

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[Coty Inc.] will focus on driving growth of its Consumer Beauty division, recently acquired Kylie Beauty and overall e-commerce as it pushes forward with turnaround efforts amid the COVID-19 pandemic.

Announced on 11 May, Coty’s fiscal 2020 third-quarter net sales dropped 20% like-for-like to approximately $1

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