Luxury jewellery maker Tiffany & Co. and global beauty company Coty Inc. have signed an agreement regarding the development, production and distribution of a new line of Tiffany fragrances for both women and men. The line will be sold at Tiffany & Co. stores as well as at other select luxury retailers.

In 1940, Tiffany & Co. moved to its current location at 727 Fifth...

In 1940, Tiffany & Co. moved to its current location at 727 Fifth Avenue, at the corner of Fifty-seventh Street. The granite and limestone building, with Art Deco influences and stainless steel doors, is adorned with a nine-foot bronzed figure of Atlas shouldering a clock. - Photo credit: © Andrew Bordwin

This new licence agreement is another step in the strengthening of Coty’s portfolio of luxury fragrances. It adds up to the ten licences recently transferred from P&G, including Hugo Boss, Gucci and Lacoste.