Coty and Bottega Veneta sign fragrance license agreement

Italian luxury lifestyle brand, Bottega Veneta, has signed a license agreement with Coty Inc to produce its first fragrance collection.

The exclusive partnership will see the creation, development and distribution of a fragrance line under the Bottega Veneta name.

Marco Bizzarri, president & CEO of Bottega Veneta said in a statement: "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."

Coty’s prestige brand portfolio includes Balenciaga, Karl Lagerfeld and Marc Jacobs.

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