Beauty products maker Coty Inc missed revenue estimates for the second consecutive quarter on Wednesday, as hurricane Florence in the United States disrupted supplies of its luxury products to retailers.
Haircare brand Ouai is launching a scent collection on November 13 featuring four, full-sized eau de parfum scents inspired by its cult hair and beauty products and referencing jet-setter destinations.
Primark's full-year results showed it bucking the market trend but not immune to it. Its sales and profits rose but like-for-like sales fell. However, the UK, Europe and US all proved strong in the circumstances.
The beauty brand has announced that its net sales in Q3 totaled $63.9 million, topping analysts’ estimates of $60 million and sending the company’s shares up more than 20% in the extended session on Monday.
Global cosmetics company Coty announced on Monday that it has teamed up with Cruelty Free International, kicking the strategic partnership off by achieving Leaping Bunny certification for its CoverGirl brand.