2008-11-24 22:46:05 -
Information Resources, Inc. (IRI), the leading global provider of consumer, shopper, and market insights for consumer packaged goods (CPG), retail, and healthcare industries, today announced that Coty Inc. is the latest beauty client to renew its business with IRI. Under the multi-year agreement, IRI will provide marketplace information and business insights for all of Coty"s business units. With such leading
brands as Stetson, David and Victoria Beckham, Sally Hansen and Rimmel, Coty is a leader in global beauty and is the world's largest fragrance company.
"We"re very pleased to extend our partnership with IRI and combine all of our businesses under one supplier, including the new Sally Hansen and New York Color businesses that we recently acquired from Del Labs," says Coty Beauty President George Cleary.
In addition to consumer panel and audit services, Coty will utilize IRI InfoScanĀ®. This census-based scanner tracking service will provide Coty with high quality data and insights to fuel more effective business analyses and decision support processes at retail. InfoScan leverages data from more than 44,000 stores on a weekly basis across the grocery, drug, mass merchandiser and convenience channels to deliver best-in-class market intelligence from which Coty can drive its business forward.
"Our extended relationship with Coty solidifies IRI as the powerhouse in the beauty market information solutions space," says Steve Johnson, executive vice president and general manager, IRI Healthcare and Personal Care Solutions Group. "IRI"s rich consumer insights will empower Coty to quickly identify potential issues and opportunities, take action against them, and ultimately leverage this information to win at the shelf."
About Coty Inc.
Coty was created in Paris in 1904 by Francois Coty who is credited with founding the modern fragrance industry.
Today, Coty Inc. is the world's largest fragrance company and a recognized leader in global beauty with annual net sales in excess of US $3.5 billion. Driven by entrepreneurial spirit, passion, innovation and creativity, Coty Inc. has developed an unrivaled portfolio of notable brands and delivers its innovative products to consumers in 91 markets worldwide.
The Coty Prestige brand portfolio is distributed in prestige and ultra-prestige stores and includes Baby Phat, Calvin Klein, Cerruti, Chloe, Chopard, Davidoff, Jennifer Lopez, Jette Joop, Jil Sander, JOOP!, Karl Lagerfeld, Kenneth Cole, L.A.M.B. fragrance by Gwen Stefani, Lancaster, Marc Jacobs, Nautica, Nikos, Phat Farm, Sarah Jessica Parker, Vera Wang and Vivienne Westwood.
The Coty Beauty brand portfolio is more widely distributed and includes adidas, Aspen, Astor, Celine Dion, Chupa Chups, David and Victoria Beckham, Dermarest, Desperate Housewives, Esprit, Exclamation, Jovan, Kate Moss, Kylie Minogue, La Cross, Miss Sixty, Miss Sporty, N.Y.C. New York Color, Orajel, Pierre Cardin, Rimmel, Sally Hansen, Shania Twain, Stetson, Tonino Lamborghini and Vanilla Fields.
Coty and Puig Fashion and Beauty S.A. have a strategic partnership for the distribution of the perfume lines of Nina Ricci, Carolina Herrera, Prada, Paco Rabanne, and Comme des Garcons in the United States and Canada.
About IRI
IRI is the world"s leading provider of consumer, shopper, and retail market intelligence and insights supporting 95 percent of the FORTUNE Global 500 consumer packaged goods (CPG), retail and healthcare companies. Only IRI offers the unique combination of integrated market information, automated and predictive analytics, innovative enabling technologies, and domain expertise. With IRI, leading retailers and manufacturers are able to quickly discover breakthrough insights driving smarter decisions and actions across the enterprise for breakthrough results. Companies around the world depend on IRI for improved productivity, stronger brands, and dramatic revenue growth. For more information, visit
cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fus. ...
Information Resources, Inc.
John McIndoe
E-mail: mailto:john.mcindoe@infores.com
Phone: (312) 474-3862
Fax: (312) 726-1091
or
Shelley Hughes
E-mail: mailto:shelley.hughes@infores.com
Phone: (312) 474-3675
Fax: (312) 726-1091