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Fashion Jobs
ADIDAS
Senior Manager, Environmental Assurance
Permanent · HO CHI MINH CITY
ADIDAS
Manager Product Creation, Footwear, bu Originals, Basketball & Partnerships (M/F/D)
Permanent · HO CHI MINH CITY
CROCS
(Heydude Vietnam) Manager, Product Execution
Permanent ·
ADIDAS
Retail Area Manager
Permanent · HO CHI MINH CITY
ADIDAS
Senior Manager, Quality Product Integrity
Permanent · HO CHI MINH CITY
PVH
Manager, Technical
Permanent · Ho Chi Minh City
PVH
Senior Manager, Product Development (Footwear)
Permanent · Ho Chi Minh City
ON RUNNING
Sustainability Project Manager (Environmental)
Permanent · HO CHI MINH CITY
TAPESTRY
Manager, Social Compliance
Permanent · Ho Chi Minh City
ON RUNNING
Costing Specialist
Permanent · HO CHI MINH CITY
L'OREAL GROUP
Social Manager - Consumer Product Division
Permanent · Ho Chi Minh City
L'OREAL GROUP
Social Content Manager - l'Oréal Dermatological Beauty
Permanent · Ho Chi Minh City
L'OREAL GROUP
Cdmo - Ecommerce Head
Permanent · Ho Chi Minh City
L'OREAL GROUP
Sales Force Effectiveness (Sfe) Manager
Permanent · Ho Chi Minh City
L'OREAL GROUP
Senior Product Manager - l'Oréal Dermatological Beauty
Permanent · Ho Chi Minh City
L'OREAL GROUP
Senior Talent Acquisition Executive (8-Month Contractor)
Permanent · Ho Chi Minh City
L'OREAL GROUP
Senior Product Manager - 3ce
Permanent · Ho Chi Minh City
L'OREAL GROUP
Head of Trade Marketing - l'Oréal Dermatological Beauty
Permanent · Ho Chi Minh City
TAPESTRY
Senior Manager, Costing (Footwear)
Permanent · Ho Chi Minh City
L'OREAL GROUP
Office Manager
Permanent · Ho Chi Minh City
ON RUNNING
Footwear Material Specialist
Permanent · HO CHI MINH CITY
COLUMBIA SPORTSWEAR COMPANY
Senior Product Compliance Specialist, Asia
Permanent ·
By
Reuters
Published
Nov 6, 2020
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Coty posts better-than-expected revenue on online strength

By
Reuters
Published
Nov 6, 2020

Coty Inc beat analysts' estimates for quarterly revenue on Friday, as shoppers staying at home due to the COVID-19 pandemic bought more of its beauty products online, sending the company's shares 5% higher in premarket trading.


Photo - Kylie Skin



Cosmetics makers’ sales have improved from lockdown lows in the past few months as a surge in online orders and higher demand for skin-care products offset the blow from weak traffic at brick-and-mortar stores.

To grab a share of the e-commerce boom, Coty has been ramping up investments in its digital platform and has also launched new websites in Australia and Europe.

“We have seen double-to-triple digit e-commerce sell-out growth across most markets, with our e-commerce penetration as a percentage of our overall sales doubling to 13%,” Chief Executive Officer Sue Nabi said in a statement.

Net income attributable to the company rose to $221.4 million, or 24 cents per share, in the first quarter ended Sept. 30, from $52.3 million, or 7 cents per share, a year earlier.

On an adjusted basis, Coty earned a profit of $83.6 million, or 11 cents per share, compared with $50.5 million, or 7 cents per share, a year earlier.

Net revenue fell about 13% to $1.69 billion, but was higher than analysts’ estimates of $1.08 billion, Refinitiv IBES data showed.

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