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With 2023 net sales of 817 million euros (cosnova Group), the family-owned company remains an accelerator of growth in the color cosmetics market, aspir...
The German group specialising in colour cosmetics, which markets the brands Essence Makeup and Catrice, has announced record results for fiscal year 2021, well ahead of market trend. The company announced a 15% growth of its global net sales in 2021, thus surpassing pre-pandemic numbers.
The German company, which markets decorative cosmetics under brands such as Catrice and Essence, closed the 2021 fiscal year on record figures. The company’s sales have grown by 15% compared to 2020 to reach 467 million euros. The figure even surpasses pre-pandemic results with global net sales 5% compared to 2019. Online and international sales were the main growth drivers that led to these record results. Cosnova Beauty’s e-commerce business has grown by more than 50% in 2021 compared to...