Coty aims for $15m sales

Coty Beauty Romania, the local branch of US cosmetics giant Coty Inc., expects to make a 15 million-dollar (around 12 million euros) turnover in the 2005 fiscal year (July 2004 – June 2005), 16% higher than the previous year, says marketing manager Marian Dumitrescu. “Coty Beauty Romania concluded the July 2003-June 2004 fiscal year with 13 million dollars in turnover, 14% more than in the 2003 fiscal year. We are planning a 16% increase in turnover for this year,” said Dumitrescu.

Coty Beauty’s brand portfolio covers the semi-selective perfume segment (Isabella Rosellini, Pierre Cardin, Celine Dion, Esprit), the consumer perfume segment (Pret-a-Porter, Chanson, Crossmen, Route 66, Exclamation), personal care products for men and women (adidas), cosmetics (Rimmel, Astor, Miss Sporty). With its headquarters in New York, Coty Inc. turned over some 2bn dollars last year. ZF