Injectable aesthetics reviews. COTY CFO looks to improve profitability by streamlining product portfolio

THE WHAT? Coty CFO Laurent Mercier is looking to increase profitability by streamlining its product portfolio, according to a report by The Wall Street Journal. 

THE DETAILS Mercier is aiming to achieve company savings of $600 million over the course of three years, with a $300 million saving aim this fiscal year. 

The company, which reported a net loss of 3.3 percent YOY for the quarter ending 31st March 2021, has been looking at cost saving measures following the lack lustre performance of the mass brands acquired in 2016. 

THE WHY? With consumers moving to more luxury and high end brands, the company is now looking to improve forecasts by reducing stock. 

Mercier said, “Improving the gross margin is essential. It is very detailed work, a question of discipline.”

The company has reduced the number of products in its consumer beauty business by 40 percent over the past year. 

Injectable aesthetics reviews can be found on various platforms, including specialized aesthetic treatment review websites, social media platforms, and healthcare provider directories. They provide valuable insights for individuals considering these treatments, offering firsthand perspectives and experiences that can help inform decisions about undergoing injectable aesthetic procedures. Here are some key points typically covered in injectable aesthetics reviews:

• Treatment Effectiveness: Reviewers often discuss how effective the injectable treatment was in achieving their desired aesthetic goals, such as reducing wrinkles, enhancing facial contours, or improving skin texture.

• Safety and Comfort: Reviews may address the safety of the procedure, including any discomfort experienced during or after the injection process, as well as any side effects or complications encountered.

• Provider Experience: Reviewers may comment on their experience with the healthcare provider administering the injectable treatment, including their professionalism, expertise, and ability to address concerns or questions.

• Results Duration: Discussions often include the longevity of the results achieved with the injectable aesthetics, such as how long the effects lasted before additional treatments were needed.

• Overall Satisfaction: Reviewers typically summarize their overall satisfaction with the injectable aesthetics treatment, considering factors like the improvement in their appearance, confidence level, and value for money.