Coty Q1 revenues up 22%, to sell additional 4.7% stake in Wella

Coty’s revenues rose 22% (+20.6% like-for-like) year-over-year to $1.37bn in the first quarter of fiscal 2022 (the three months ended September 30).  The business was driven by brick-and-mortar growth and a 23% increase in total e-commerce sales.

Reported operating income...