Coty renews long-term license agreement with Adidas

Coty (COTY) announced that it has renewed its long-term license agreement with Adidas (ADDYY). The partnership of adidas and Coty has been focused on the intersection of personal care, wellness, sports and sports lifestyle, with pioneering research and innovation into areas such as the impact of fragrance on sports performance. The ambition to remain at the leading edge of personal care continues with the new Active Skin & Mind Range and its use of active ingredients, such as Hyaluronic Acid complex, and more sustainable sulphate-free formulas to enhance performance.