Struggling beauty giant Coty Inc. showed signs of improving in the most recent quarter even as pandemic-related shutdowns of retailers continued to exacerbate a longer-term sales slide.
The New York-based parent of Cover Girl makeup, Kylie Cosmetics and a stable of luxury fragrances, returned to profitability as revenue dropped about 13% year over year.
Coty…
This post first appeared on wsj.com
