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Coty continues to bet on luxury beauty in 2023

Coty shares that for the first time in the history of the company, three franchises -- Burberry Goddess, Gucci Flora and Burberry Her -- reached the top 10 female fragrances in the U.S. Image credit: Coty Burberry Goddess — the licensed scent is the British fashion label's first refillable Eau de Parfum — was a best-seller in key markets last quarter. Image credit: Coty

 

U.S. beauty group Coty is striking while ultra-premium fragrances and skincare are hot, according to a new quarterly fiscal report.