Coty Inc. And Puig Beauty Announce Expansion Of Distribution Partnership

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8th December 2008, 11:04pm - Views: 1123





Culture Fashion Coty Inc. 1 image

Culture Fashion Coty Inc. 2 image






Coty Inc. and Puig Beauty Announce Expansion of Distribution Partnership


NEW YORK, Dec. 8 /PRNewswire-AsiaNet/ --


      Coty Beauty to Distribute Additional Puig Beauty Fragrance Brands

 

    Coty Inc., a leader in the global beauty industry and the world's largest

fragrance company, and Puig Beauty & Fashion Group, today announced that Coty's

Coty Beauty division will distribute the Antonio Banderas fragrance lines in the

United States effective January 1, 2009.  



             http://www.newscom.com/cgi-bin/prnh/20081208/NYM004-b  ) 

 

    The addition of the Antonio Banderas brand strengthens the existing 

distribution partnership between Coty and Puig. Coty currently distributes a 

number of prestige brands, such as Prada, Nina Ricci, Carolina Herrera and Paco

Rabanne, for Puig in the United States and Canada in selective 

distribution.  


    "The new synergy between Coty Beauty and Puig provides a unique 

opportunity to grow both our portfolios simultaneously," said Bernd Beetz, CEO,

Coty Inc. "We look forward to leveraging our leadership in the beauty industry to

foster growth of the Antonio Banderas franchise and other Puig fragrances in the

U.S. and Canadian markets." 


    "Working with Coty Beauty, we have developed a collaborative formula for 

success," said Marc Puig, CEO, Puig Beauty & Fashion Group. "We know that Coty 

is the right partner to expand our strategic initiative for our mass brands

business and anticipate another successful partnership."  

 

    About Coty Inc.  

    Coty was created in Paris in 1904 by Francois Coty who is credited with

founding the modern fragrance industry.  


    Today, Coty Inc. is the world's largest fragrance company and a recognized 

leader in global beauty with annual net sales of $4 billion. Driven by an

entrepreneurial spirit, passion, innovation and creativity, Coty Inc. has

developed an unrivaled portfolio of notable brands and delivers its innovative 

products to consumers in 90 markets worldwide. 


    The Coty Prestige brand portfolio is distributed in prestige and  

ultra-prestige stores and includes Baby Phat, Calvin Klein, Cerruti, Chloe,

Chopard, Davidoff, Home Skin Lab, Jennifer Lopez, Jette Joop, Jil Sander, JOOP!,

Karl Lagerfeld, Kenneth Cole, L.A.M.B. fragrance by Gwen Stefani, Lancaster, Marc

Jacobs, Nautica, Nikos, Phat Farm, Sarah Jessica Parker, Vera 

Wang, Vivienne Westwood and Wolfgang Joop. 


    The Coty Beauty brand portfolio is more widely distributed and includes

adidas, Aspen, Astor, Celine Dion, Chupa Chups, David and Victoria Beckham, 

Desperate Housewives, Esprit, Exclamation, Halle Berry, Jovan, Kate Moss, Kylie

Minogue, La Cross, La Voce by Renee Fleming, Miss Sixty, Miss Sporty, 

N.Y.C. New York Color, Pierre Cardin(1), Playboy, Rimmel, Sally Hansen, Shania 

Twain, Stetson, Tim McGraw, Tonino Lamborghini and Vanilla Fields. 


    Coty and Puig Beauty & Fashion Group have a strategic partnership for the 

distribution of the perfume lines of Nina Ricci, Carolina Herrera, Prada, Paco 

Rabanne and Antonio Banderas in the United States and Canada. 

Culture Fashion Coty Inc. 3 image


    For additional information about Coty Inc., please visit www.coty.com.  

    1. Not available in North America 

 

    About Puig Beauty & Fashion Group 

    Puig Beauty & Fashion Group is an international fragrance, cosmetics and 

fashion company, that was founded in 1914 in Barcelona, Spain and is still family

owned.  


    While the greater part of Puig's operations remain in the fragrance and

cosmetic sectors, the Company's fashion division manages fashion and style

developments for Carolina Herrera, Nina Ricci and Paco Rabanne. Puig's 

principal fragrance brands include Carolina Herrera, Paco Rabanne, Nina Ricci, 

Prada (through a joint venture), Comme des Garcons, Adolfo Dominguez, Antonio 

Banderas, Victorio & Lucchino, Agatha Ruiz de la Prada, Mango, Zara and 

Massimo Dutti. 


    Today, the company has directly owned subsidiaries in 23 countries and a 

presence in over 150 countries. In 2007 Puig reported net revenues of 954 million

euros. 

 

SOURCE: Coty Inc. 


    CONTACT:  Jeanette Casselano, 

              +1-202-828-8833, 

              jeanette.casselano@fleishman.com, 

              of Fleishman-Hillard for Coty Inc.; 


              Allyn Seidman,

              +1-212-358-0800, 


              or Lauren Kless, 

              +1-212-358-0615, 

              lauren.kless@cbprusa.com, 

              both of Clifford|Bratskeir PR for Puig Beauty & Fashion Group 

     Photo:  NewsCom:  http://www.newscom.com/cgi-bin/prnh/20081208/NYM004-a 

                       http://www.newscom.com/cgi-bin/prnh/20081208/NYM004-b 



Translations:

   Japanese (http://asianetnews.net/Download.asp?ID=113774)







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