In Brief: Coty
This article was originally published in The Rose Sheet
Executive Summary
Coty: Building 300,000 sq. ft. manufacturing plant in Pudong, China with anticipated completion set for 1998, the company said June 12. The plant, which will represent Coty's "biggest commitment to Asia so far," is a result of a May 1996 joint venture between Coty and the Chinese prestige cosmetics firm Yue-Sai Kan Cosmetics, Coty said. The company noted that the factory will be "vital" to development in China and Asia...