Coty to open Romanian luxury perfumes division

Published: 8-Jan-2007

The luxury perfumes division of Coty has announced plans to open a Romanian subsidiary over the next one to three years.

The luxury perfumes division of Coty has announced plans to open a Romanian subsidiary over the next one to three years.

Coty Romania is already active in the entry-selective and semi-selective segments of the Romanian perfumes market, with semi-selectives generating annual sales of nearly €2.283bn. The company competes with Oriflame, Avon, Sarantis and L'Oréal on the domestic perfumes market.

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