2023.04.14 11:33 GMT+8

Coty CCO: Chinese consumers to continue to spend 'heavily' on high-end beauty products

Updated 2023.04.14 11:33 GMT+8
CGTN

Chinese consumers are expected to splurge on high-end beauty products this year, boosting travel retail revenues for global brands emerging from pandemic setbacks. Coty is among the many international high-end brands announcing they will open more stores in the southern province of Hainan this year, and use the island as a springboard into the Asia Pacific market.

CGTN spoke to Caroline Andreotti, Coty's chief commercial officer for luxury, at the ongoing China International Consumer Products Expo.

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