Coty revenue down 25% in fiscal year 2020, sales fall 62.8% in Q4

Coty’s revenues fell 25% year-on-year to $4.72bn in fiscal year 2020. Like-for-like revenue decreased 20.3%. In the fourth quarter (three months ended June 30), revenue dropped 62.8% year-on-year to $560.4m. Like-for-like revenue fell 59.7%. The company’s operating loss was down...