Market - Beauty

Beyonce & Coty Inc: Partnership Press Release

Beyonce & Coty Inc 

NEW YORK, Sept. 15 /PRNewswire/ — Coty Inc., a leader in the global beauty industry, today announced the signing of international icon and multifaceted artist Beyonce. Working hand-in-hand, the fragrance giant and gifted entertainer will develop and market an exclusive Beyonce fragrance.

Having sold over 100 million records and celebrated by countless awards, including 10 Grammys, as well as starring in three consecutive #1 box office hits during the course of her career, Beyonce has solidified herself as one of the most successful artists in entertainment history. The new collaboration between Coty and Beyonce will capitalize on her unique mega-watt aura and talent to create her very own first signature fragrance.

“We welcome Beyonce as a well-respected and esteemed partner of the Coty family. She is a star who brings a combination of power and femininity that will only further inspire the creative process as she works with Coty,” commented Bernd Beetz, Chief Executive Officer, Coty Inc. “Modern and highly influential, Beyonce has truly touched the lives of her fans and will continue to reach new heights in her career with the launch of her own signature fragrance. We are thrilled she has partnered with Coty to embark on this new adventure, one of vast potential.”

“For me, fragrance reflects a woman’s attitude and unique sense of style,” said Beyonce. “While I love various perfumes, I haven’t found a scent that truly personifies me as a woman. Working with Coty, I was able to turn my ideal fragrance into a reality by creating an alluring and sophisticated fragrance; one that’s reflective of my inner power. It’s a true privilege to be working with Coty and I can’t wait to share this personal side of me with fans all across the world.”

Her yet-to-be named fragrance will embody the soul of Beyonce’s persona: a glamorous and highly talented woman full of determination and drive to succeed. The new line is scheduled to launch in early 2010 in North and South America with subsequent plans to launch in Europe and key markets throughout the world later that year.

“A name recognized around the globe, Beyonce holds a unique cross-generational and cross-continental appeal that is a perfect fit for a new global Coty fragrance,” remarked Renato Semerari, President, Coty Beauty. “With her powerful ability to capture the attention of the world – a testament to her strength and beauty – she is a role model for women of all ages. We at Coty look forward to building the Beyonce fragrance house.”

Marketing plans for the highly anticipated fragrance are currently in development. Additional information will be announced closer to the launch.

Financial terms of the agreement were not disclosed.

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 a recognized leader in global beauty with annual net sales of nearly $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, Balenciaga, 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, La Voce by Renee Fleming, 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, Astor, Celine Dion, Chupa Chups, David and Victoria Beckham, Esprit, Exclamation, GUESS, Halle Berry, Jovan, Kate Moss, Kylie Minogue, La Cross, Miss Sixty, Miss Sporty, N.Y.C. New York Color, Pierre Cardin(1), Playboy, Rimmel, Sally Hansen, Shania Twain, Stetson, Tim McGraw, and Tonino Lamborghini.

Coty and Puig Fashion and Beauty S.A. have a strategic partnership for the distribution of the perfume lines of Nina Ricci, Carolina Herrera, Prada, and Paco Rabanne in the United States and Canada.

For additional information about Coty Inc., please visit


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