Bottega Veneta and Coty Inc. Sign a Fragrance License Agreement


    
    Renowned design leader to debut signature scent




    
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<p><location>PARIS</location>, <chron>Dec. 4</chron> /CNW/ -- Bottega Veneta and Coty Inc., a leader in the global beauty industry, announced today the formation of an exclusive partnership to create, develop, and distribute a line of fragrances under the Bottega Veneta name.  This will be Bottega Veneta's first fragrance collection.</p>
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    (Logo: http://www.newscom.com/cgi-bin/prnh/20091204/NY19424LOGO )

    
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<p>Founded in the mid-1960s, Bottega Veneta is one of the world's most prestigious luxury lifestyle brands. Renowned for its sophistication and understated elegance, Bottega Veneta produces handbags, women's and men's ready-to-wear, luggage, and fine jewelry, among other categories. <person>Tomas Maier</person>, the creative force behind the renaissance of Bottega Veneta, has evolved a signature concept of luxury based upon outstanding craftsmanship, innovative design, contemporary functionality, and the highest quality materials.</p>
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<p>"The opportunity to create the first Bottega Veneta fragrance is an exciting challenge," said Creative Director <person>Tomas Maier</person>. "I've always loved fragrance and have very definite ideas about what I want to do."</p>
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<p>"This partnership with Coty Prestige enables Bottega Veneta to enter the fragrance market in a very strong position, thanks to the unique attributes of both companies," stated Marco Bizzarri, President & CEO, Bottega Veneta.</p>
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<p>"Bottega Veneta remains one of the world's premier designer labels and architects of fashion," said Bernd Beetz, CEO, Coty Inc. "Reputed for sophistication and elegance, the dynamic brand is both a natural fit and winning partner for Coty. Coty is excited to join with Bottega Veneta to produce what's sure to be a global sensation."</p>
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<p>"Bottega Veneta is one of the most refined and respected Italian luxury houses. They have a unique culture of exclusivity and a constant drive for innovation. Fragrance is a new opportunity for this successful company and we are looking forward to working with them to capture their incomparable style in an olfactive identity," declared Michele Scannavini, President, Coty Prestige.</p>
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    About Bottega Veneta
    
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<p>Bottega Veneta was founded in Vicenza in 1966. Steeped in the traditions of Italy's master leather craftsmen and long celebrated for its leather goods, it has emerged as a premier luxury brand under the creative direction of <person>Tomas Maier</person>, who joined the company in 2001. Bottega Veneta's famous motto, "When your own initials are enough," expresses a philosophy of individuality and confidence that is at the heart of the company's unique commitment to unsurpassed luxury and craftsmanship.</p>
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<p>Distribution of Bottega Veneta products is global, encompassing <location>Europe</location>, Asia, and <location>North America</location>, where wholesale distribution in select specialty and department stores is complemented by a growing number of Bottega Veneta-owned boutiques.</p>
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    About Coty Inc.
    
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<p>Coty was created in <location>Paris</location> in 1904 by Francois Coty who is credited with founding the modern fragrance industry.</p>
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<p>Today, Coty Inc. is a recognized leader in global beauty with annual net sales of nearly <money>$4 billion</money>. Driven by an entrepreneurial spirit, passion, innovation and creativity, Coty Inc. has developed an unrivalled portfolio of notable brands and delivers its innovative products to consumers in 90 markets worldwide.</p>
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<p>The Coty Prestige brand portfolio is distributed in prestige and ultra-prestige stores and includes Baby Phat, Balenciaga, Bottega Veneta, <person>Calvin Klein</person>, Cerruti, Chloe, Chopard, Davidoff, Home Skin Lab, <person>Jennifer Lopez</person>, Jette Joop, Jil Sander, JOOP!, Karl Lagerfeld, <person>Kenneth Cole</person>, L.A.M.B. fragrance by <person>Gwen Stefani</person>, Lancaster, <person>Marc Jacobs</person>, Nautica, Nikos, <person>Sarah Jessica Parker</person>, <person>Vera Wang</person>, <person>Vivienne Westwood</person> and Wolfgang Joop.</p>
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    For additional information about Coty Inc., please visit www.coty.com.



    

For further information: For further information: Fiore Fanelli, European Communications Director, +39-02-700-60-628, fiore.fanelli@it.bottegaveneta.com; or Stephanie Brun, France Communications Manager, Stephanie.brun@fr.bottegaveneta.com, +33-1-535-78979; or Johnathan Green, UK Communications Manager, Johnathan.green@uk.bottegaveneta.com, +44-20-7898-3090; or Marisa Leichtling, US Communications Director, +1-646-292-5813, marisa.leichtling@us.bottegaveneta.com; or Yuko Oshima, Japan Communications Director, yuko.oshima@jp.bottegaveneta.com; or Lillian Hossack, Asia Pacific Communications Director, +852-2839-9597, lillian.hossack@hk.bottegaveneta.com; or Longlong Li, China Communications Manager, longlong.li@cn.bottegaveneta.com, +86-21-6288-2000 ext. 226; or NJ Kim, Korean Communications Manager, nj.kim@kr.bottegaveneta.com, +82-2-515-5841; or Danya Chang, Taiwan Communications Manager, danya.chang@tw.bottegaveneta.com, +886-2-2748-9277 ext. 803; or Ashley Thng, Singapore & Malaysia Communications Manager, ashley.thng@sg.bottegaveneta.com, of Bottega Veneta; or Isabelle Mical, Vice President Public Relations, Coty Prestige, +33-1-58-71-75-80, Fax +33-1-58-71-75-88, isabelle_mical@cotyinc.com Web Site: http://www.coty.com


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