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Coty buys Unilever’s fragrances portfolioCoty buys Unilever’s fragrances portfolio
Tina Milton
1-Jun-2005
Coty has secured a deal to purchase Unilever's global prestige fragrances business Unilever Cosmetics International (UCI) for $800m
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Its portfolio includes fragrance licences for Calvin Klein, Cerruti, Vera Wang, Chloé and Lagerfeld.
The new fragrances will be added to the portfolio of Coty's prestige division Lancaster Group Worldwide,
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(23-May-2005) - The $800m purchase will transform the duty-free beauty landscape
(11-Jul-2005) - The group becomes the world's largest fragrance company after acquiring its rival's prestige fragrances business
(7-Sep-2005) - Unilever Cosmetics International UK will trade under a new name following its acquisition by Coty
(15-Apr-2006) - Coty has created Coty Prestige, a division to manage the company's premium brands
(1-May-2006) - Coty Prestige brand Davidoff has recruited surfer Laird Hamilton to front its advertising campaign for Cool Water Davidoff in the US
