US cosmetics giant Coty is targeting Chinese beauty consumers via a new link-up with Chinese retailer Alibaba.
Under the agreement, Coty will install interactive vending machines in shopping malls in major Chinese cities, and in collaboration with the TMall Innovation Center - Alibaba’s product design division - will develop new products specifically for the Chinese market.
“By combining Coty’s global brands and expertise in beauty with Alibaba’s world-leading data and e-commerce capabilities, we aim to delight Chinese consumers with fresh, innovative and increasingly more personalised experiences both online and offline,” said the company’s CEO, Camillo Pane.