Julia Shelanski's questions to Coty Inc (COTY) leadership • Q4 2025
Question
Julia Shelanski, on for Oliver Chen, asked about the evolution of the Travel Retail channel into fiscal 2026, its current health and sell-through, and any noteworthy consumer trends across regions that could influence demand.
Answer
CEO Sue Nabi detailed a strategy to transform Travel Retail into a 'discovery channel' by offering one-month exclusives on key innovations, such as the new Hugo Boss fragrance. She noted that while the Americas and EMEA Travel Retail channels are growing nicely, the Asian region remains affected by the slowdown in Chinese consumption. However, she pointed to a gradual improvement in China's domestic prestige beauty market as a positive sign for the region's eventual recovery.