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steadybase-$ person Sue Nobby
nameSue Nobby
roleCEO
company Coty Inc. COTY
linkedin none on file
contactnot published
filingsnone on file
quotes
But travel retail in Asia, I can tell you that it's really behind one key category, which is prestige color cosmetics. It's really the restrictions that happened between Korea and China with the regulations on both sides that really stopped literally a key stream of the sales between these two regions that was mainly focused when it comes to Coty and our color cosmetics prestige category.

Feb 11, 2025 / CEO / receipt, needs a key / Sue Nobby, CEO | earnings call 2025-02-11 | transcript 3ca8e11c-ef4c-4774-94dc-f4942e9944d0 | chars 20385-20776 | segment 21

We continue to see very strong demands for prestige products, particularly fragrances in the U.S. and China with an impressive rebound in travel retail.

Nov 8, 2022 / CEO / receipt, needs a key / Sue Nobby, CEO | earnings call 2022-11-08 | transcript 1375ad2b-bdd3-4fa2-bcd2-421b89d59716 | chars 1724-1876 | segment 1

The prestige segment grew 34% on a like for like basis, even as we continue to reduce sales in low quality channels, which represented a low single digit negative impact in the quarter. We continue to experience very robust prestige fragrance trends, particularly in the U.S., China, and travel retail, with nearly all brands exhibiting strong growth in the quarter.

Nov 8, 2022 / CEO / receipt, needs a key / Sue Nobby, CEO | earnings call 2022-11-08 | transcript 1375ad2b-bdd3-4fa2-bcd2-421b89d59716 | chars 3763-4129 | segment 3

Moving to sales by region. We saw growth across all regions over the past six months, though travel retail in the U.S. and China continued to outperform. The Americas region grew 15% like-for-like in the first half and 9% in Q2, supported by strength in the U.S., Canada, and Mexico.

Feb 8, 2022 / CEO / receipt, needs a key / Sue Nobby, CEO | earnings call 2022-02-08 | transcript 4e1b3af6-ed06-4b36-a980-755c5377e50b | chars 5640-5923 | segment 5

ENESA rose 14% like-for-like in the first half and 13% in Q2, with growth in all key markets as well as local travel retail.

Feb 8, 2022 / CEO / receipt, needs a key / Sue Nobby, CEO | earnings call 2022-02-08 | transcript 4e1b3af6-ed06-4b36-a980-755c5377e50b | chars 5924-6048 | segment 5

The Asia-Pacific region increased 22% like-for-like in the first half and 16% in Q2, fueled by China and local travel retail. It's worth noting that we have now a new growth engine materializing in Asia-Pacific as ChloƩ Atelier des Fleurs is becoming a key brand next to Gucci in Asia-Pacific travel retail.

Feb 8, 2022 / CEO / receipt, needs a key / Sue Nobby, CEO | earnings call 2022-02-08 | transcript 4e1b3af6-ed06-4b36-a980-755c5377e50b | chars 6049-6356 | segment 5

In Asia Pacific, half of the minus 17% like-for-like decline was driven by the pressure in travel retail. And while our selling for the region was negatively impacted by our continued cuts in low-quality distribution, The sellout of our prestige brands across the Asia-Pacific region was very strong, in many cases outperforming the market.

Feb 9, 2021 / CEO / receipt, needs a key / Sue Nobby, CEO | earnings call 2021-02-09 | transcript e93f0184-7b64-4db8-92c6-836a39fad201 | chars 6110-6450 | segment 6

And finally, travel retail e-com is beginning to accelerate.

Feb 9, 2021 / CEO / receipt, needs a key / Sue Nobby, CEO | earnings call 2021-02-09 | transcript e93f0184-7b64-4db8-92c6-836a39fad201 | chars 7375-7435 | segment 7

Excluding travel retail, which remains heavily impacted by COVID, our prestige business declined minus 9%.

Feb 9, 2021 / CEO / receipt, needs a key / Sue Nobby, CEO | earnings call 2021-02-09 | transcript e93f0184-7b64-4db8-92c6-836a39fad201 | chars 4575-4681 | segment 4

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