Coty Sets 2028 Portfolio Growth Target as Gucci License Moves to L’Oréal
In its latest earnings update, Coty said it aims to return its portfolio excluding Gucci to growth by fiscal 2028, emphasizing greater incremental innovation and focused investment. The company highlighted momentum for Marc Jacobs at Sephora and discussed Hugo Boss’s example of limited halo effects. Coty also said the Gucci license was handed to L’Oréal one year early and a consumer beauty business review will conclude by end-2026.