Home / Knowledge / News / Fashion / Fragrance giant signs distribution agreement with Gemini

Fragrance giant signs distribution agreement with Gemini

14
Apr '08
Coty Inc, a leader in global beauty and the world's largest fragrance company, announced that it has entered into an agreement with Gemini Cosmetics Inc under which Gemini will assume responsibility, on an exclusive basis, for the distribution of Coty Beauty's prestige brands to prestige department and specialty stores in the U.S. market.

Through a strategic and focused approach, the distribution partnership between Coty and Gemini will strengthen and grow the Coty Beauty prestige portfolio. Until now, Coty has handled the distribution of its Coty Beauty prestige fragrances in-house.

In July 2008, Gemini will begin distributing Coty Beauty's Nautica Voyage and My Voyage, Baby Phat Fabulosity, and Kate Moss Kate brands.

In addition, Gemini will distribute David and Victoria Beckham Signature fragrances when they launch in the U.S. in September 2008.

"The strategic partnership with Gemini Cosmetics allows us to accelerate the growth of Coty Beauty's fragrance portfolio business in the United States," said Bernd Beetz, CEO of Coty Inc.

"Using a new distribution partner, we are able to place a greater emphasis and larger focus on growing these brands and on our overall presence in the marketplace. We look forward to a successful partnership that will broaden our reach to the American consumer."

Frank A. Fazzinga Jr, Chairman & CEO of Gemini Cosmetics said, "Combining Coty's innovative and inspiring brands with Gemini's strength indistributing powerful products to consumers sets up a win-win for both companies. We are looking forward to working with Coty on this strategic endeavor."

"Gemini Cosmetics is a powerhouse with a proven track record for successful distribution of prestige brands," said Hans-Joachim Honigfort, President, Coty Beauty.

"This partnership will enable Coty Beauty to build our prestige portfolio in the U.S. marketplace more quickly and efficiently."

Coty Inc


Must ReadView All

Pic: Shutterstock

Textiles | On 12th Aug 2020

Chinese textile companies' revenues decline in H1

Revenues of major Chinese textile companies with an annual turnover...

Pic: Shutterstock

Textiles | On 12th Aug 2020

Bangladesh's BEZA, Yabang Group sign land lease agreement

Bangladesh Economic Zones Authority (BEZA) recently signed a land...

Pic: BAIRD GROUP

Retail | On 12th Aug 2020

UK's Baird Group unveils CVA proposals

The Baird Group is the latest UK retailer to launch a company...

Interviews View All

Smith Vaghasia, Sanado India

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Footwear industry, Head honchos

Footwear industry
Head honchos

There is rising demand for fancy, trendy and yet comfortable footwear

Claudia Kersten, Global Organic Textile Standard

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Anupam Chakrabarty,

Anupam Chakrabarty

Headquartered in Finland, Helsinki, Lindström Group is a textile rental...

Aditya Goyal,

Aditya Goyal

Headquartered in Surat, Anubha Industries is a specialist for sustainable...

Mario Ploner,

Mario Ploner

<div>Italian company Tecnomeccanica Biellese specialises in planning and...

Giulio Cesareo, Directa Plus

Giulio Cesareo
Directa Plus

UK-based Directa Plus is one of the largest producers and suppliers...

Mr Ambrose Chan, DSG International (Thailand) PLC

Mr Ambrose Chan
DSG International (Thailand) PLC

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Pranav Mishra, Huemn

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Wendell Rodricks, Wendell Rodricks

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


August 2020

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search