COTY on Track With Strategic Growth Pillars Amid High Costs

Favorable Market Trends Image Source: Zacks Investment Research Coty made several strategic partnerships to enhance its brand portfolio. On May 7, 2024, the company unveiled that it had signed a long-term license agreement with Lena Gercke to develop, produce, and distribute LeGer's debut fragrance. On Feb 20, 2024, the company entered into a new license agreement with Etro to manufacture and distribute its signature fragrance lines and home scent collections beyond 2040. In its second-quarter fiscal 2024 e ...