Nina Jobst
Research expert covering South Korea
Coty Inc. - statistics & facts
Since the founding of Coty, Inc. in Paris in 1904, the company has used the power of fragrance to grow into one of the world’s leading beauty companies. Now primarily based in New York, Coty ranked 10th among the leading beauty manufacturers worldwide in 2023 based on revenue. The popularity and reputation of Coty’s brands have led to impressive total revenue figures for the corporation. However, the net revenue of Coty Inc. worldwide has seen a slight decline in recent years. From approximately 7.65 billion U.S. dollars in 2017, net revenues fell to around six billion U.S. dollars in 2024. This downturn in revenue also resulted in a similar decline in the firm’s annual gross profits.
