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Coty To Acquire Calvin Klein Cosmetics

Beetz bags the other piece of the Calvin Klein portfolio.

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By: TOM BRANNA

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Coty Inc. has added the Calvin Klein Cosmetics license to its stable of products. Coty already owns the Calvin Klein fragrance license, and will develop a color cosmetics line for launch in 2012. Markwins Holding Co. was the previous holder of the license. A little history. Coty acquired the Calvin Klein fragrance business in 2005 when it purchased Unilever’s entire prestige portfolio for $800 million. However, color cosmetics was not included in the deal. Markwins won the right to that line...

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