CavinKare and Coty's Strategic Alliance
Details
CLBS061
4
2009
NO
200
CavinKare Pvt. Ltd.
Cosmetics & Toiletries
India
Strategic Alliances,Growth Strategy
Abstract
In January, 2009, Indian FMCG major, CavinKare Pvt. Limited (CavinKare) entered into a strategic alliance with Coty Inc (Coty), the world’s leading fragrance marketer. With this alliance, Coty would expand its operations in the Asian market while CavinKare would gain a presence in the premium segment of men’s personal care segment in India. Under their partnership, CavinKare was to market and distribute the Adidas range of fragrances while Coty was to help CavinKare in building the market. Analysts opined that that the deal was positive considering the potential of the Indian fragrance market.
Learning Objectives
The case is structured to achieve the following Learning Objectives:
- Sustainability
- Strategic alliance
- Distribution network
Keywords
Strategic alliance, brand building, acquisition, licensing, franchise, licensee, advertising, stock keeping units, CavinKare, Coty, product portfolio, distribution network, out of home advertising, Internet