Coty, the North American beauty products manufacturer based in New York founded in Paris, France, by François Coty in 1904, announced that it has completed the acquisition of the exclusive long-term global license rights for Burberry Beauty luxury fragrances, cosmetics and skincare. Coty will have overall responsibility for strategic direction on the portfolio’s development, leveraging its … Read more
Coty is expanding its presence in luxury cosmetics and the global position in luxury fragrances with a new acquisition. Coty enters strategic partnership with Burberry, acquiring exclusive long-term license rights for Burberry Beauty Luxury Fragrances and Cosmetics. This week, Burberry announced the new Mr. Burberry Eau de Parfum. An intense interpretation of the original fragrance, … Read more
Burberry to launch skincare division. Building on the success of Burberry cosmetics line launched in 2010, the British fashion house announced a future line of skincare products. The luxury label follows into the footsteps of Gucci house, which also announced a beauty forray. Creative director Christopher Bailey appeared in his debut public address since also taking … Read more
Interparfums and Burberry announce transition agreement Burberry fragrance and beauty business will be operated by the Burberry luxury house. Interparfums, the curent fragrance and beauty partner, will continue operating the business for Burberry until March 31, 2013, at which time the business will be turned over to Burberry. Inter Parfums announced that with regard to … Read more