Why Is Coty Inc. (COTY) the Best Luxury Stock to Buy Now According to Analysts?

By Yahoo! Finance | Aug 8, 2024 at 02:06 AM EST

The luxury retail industry is facing challenges with declines in major brands' profits. Despite this, some luxury brands like Miu Miu are showing growth. Coty Inc. is a top luxury stock with potential growth in the beauty sector, expanding its Prestige division and focusing on consumer spending habits.

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