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Riviera Concepts

This article was originally published in The Rose Sheet

Executive Summary

Acquires Coty's Private Portfolio business, which manufactures private label fragrance and bath and body products for retailers. Private Portfolio fits logically with Ontario-based Riviera's licensing business, which includes the fragrance licenses for Alfred Sung, American Couturier, Bob Mackie, Nicole Miller and Adrienne Vittadini, the company said. Riviera's marketing know-how, R&D facilities and production and distribution capacity transferred to Private Portfolio's retail business will help make retailers' personal care introductions a success, Riviera said. The acquisition follows Riviera Concepts' purchase of the now-defunct Khepra Beauty Group and reflects a more aggressive strategy by the fragrance company. For Coty, the deal offers the firm the chance to exit a small business to focus on its core brands...
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