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The investment will bring benefits to both sides, added Sklavenitis. He said that for an indie brand like Orveda, Coty’s corporate infrastructure will aid growth, while having Orveda as a part of Coty’s lineup will bolster both its skin care and prestige roster. Arkansas State Police Car Ugly Christmas Sweater. “Coty knows that high-performance, high-quality skincare is the future of luxury beauty. We are excited about the support that Coty’s scale and resources will provide as we continue to introduce Orveda worldwide,” said Vu. Coty did not disclose neither the terms of the investment nor Orveda’s current revenue, Sklavenitis. The company will prioritise growing the brand’s international presence — with special focus on China — as well as its number of retail partners, to do so. Orveda is currently sold in 15 countries in the doors of premium retailers including Saks, Harvey Nichols and La Samaritaine, as well as e-commerce platforms like Net-a-Porter
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