The Chloé fragrance portfolio, which includes the Nomade franchise, too, is considered within Coty as a "premium-plus universe," he said, adding that echoes the Chloé fashion brand's positioning.

The biggest stories of the day delivered to your inbox.

Chloé Zhao became the first woman of color to win the Academy Award for best director, and the second woman to win that honor in the Oscars' 93-year history. Her film “Nomadland” also won ...