#Coty posts bigger-than-expected loss as lockdown dents beauty business
“#Coty posts bigger-than-expected loss as lockdown dents beauty business” August 27, 2020 | 5:43pm Enlarge Image Coty executives and others at company’s 2013 NYSE debut Getty Images Cosmetics maker Coty on Thursday posted a bigger-than-expected quarterly loss and a 56 percent slump in sales, as the coronavirus-induced closure of stores and parlors hammered demand for…