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Coty Pulls The Plug on Puig

Will not renew distribution agreement for North America.

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By: TOM BRANNA

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Coty Inc.. and Puig S.L., have mutually decided not to renew their distribution agreement in North America , which expires June 30, 2013 . This decision is the amicable end to a six-year partnership, during which Coty has significantly expanded the market presence for Puig fragrances, and allows Coty to focus fully on its own brands. “After the strong and collaborative partnership Coty has enjoyed with Puig over the past six years, we are now at the stage where we need to fully...

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