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Chalhoub Group, Jashanmal form JV to boost Coty Inc.’s UAE business

UAE-based luxury goods distributors, Chalhoub Group and Jashanmal, in partnership with US-based Coty Inc., have announced the formation of a new joint venture aimed at boosting Coty’s business in the UAE. Coty Distribution Emirates will allow Coty to expand its go-to market capabilities in the UAE and provide consumers in the region with even greater access to Coty’s brand portfolio. “The new entity will also allow the global beauty company to consolidate the distribution of its products and ensure a cohesive marketing strategy throughout this key market,” Coty said.