By  on October 29, 2010

Calvin Klein Inc. has turned to Coty Inc., its fragrance licensee, to develop a color cosmetics line for launch in 2012.

The color business was previously licensed to Markwins Holding Co. and that deal has been passed on to Coty. Tom Murry, president and chief executive officer of Calvin Klein, stated this week, “Coty has done an excellent job of growing our fragrance business around the world. We appreciate their significant expertise in color cosmetics and see great synergies with centralizing these two businesses with the same partner.”

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