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Burberry partners with Coty to boost beauty business

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Burberry has announced a new partnership with international beauty giant Coty as it aims to boost the growth of its own-brand beauty division. The new partnership will see Burberry receive a cash payment of £130 million for the long-term exclusive global license of its beauty arm as well as a further £40 million in relation the transferring of assets.

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Burberry partners with Coty to boost beauty business

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