Fragrance house Coty is speaking out about the recent U.K. ban on the TV commercial for Beyonce's Heat perfume. The U.K.'s Advertising Standards Authority banned the ad from its daytime TV slots, claiming it is too sexually explicit.

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Japanese Vogue editor Anna Dello Russo has launched a new fragrance and she is promoting it with a YouTube video. The video stars Dello Russo decked out in a corset dress dancing around a very large and very Victorian-style bedroom (and it's her apartment). Dello Russo uses Kanye West's "Runaway" as the feature music. On her blog, Dello Russo says, "I'm so HAPPY to show you the VIDEO of my SCENT." So are we.

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Coty, which also owns Calvin Klein, Chloe and Davidoff, will add philosophy to its Coty Prestige division for a deal worth $1B. philosophy was founded in 1986 and sells a range of products at Sephora, Ulta, Nordstrom, QVC and more.

"philosophy is one of the beauty industry's most prestigious brands and a fantastic addition to the Coty family," said Bernd Beetz, Coty's CEO. "This acquisition will allow Coty to strengthen its presence in the skincare category, which is one of our key strategic objectives."

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Dannii Minogue, judge on "X Factor," has launched her fragrance, Project D. The fragrance is actually a line of three perfumes: Dawn, Day and Dusk. Minogue is launching the fragrances with her business partner and sister Tabitha Somerset Webb.

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Actress Kate Walsh, of "Private Practice," recently teamed up with HSN to launch her new fragrance, Boyfriend. Walsh appeared on the shopping network to tout the Boyfriend line, which includes eau de parfum, pulse point oil and votive candles. The fragrance line sold out in one day, far exceeding sales expectations.

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Beyonce's television commercial for Heat perfume has been banned from airing at certain times in the UK. The ad, which opens with the pop star lying naked, will not be shown before 7:30 p.m. on British television.

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Chopard, the maker of Swiss luxury watches and jewelery, has introduced a new cologne for men to celebrate its 150th anniversary.

The Chopard fragrance, Noble Vetiver, was created by perfumer Lucas Sieuzac and includes notes of clary sage and mahogany layered with bergamot, cardamom and red hot pepper.

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Perfume giant Coty is reportedly set to acquire nail-care company OPI Products for $900M-$1B, according to Bloomberg News. 

Reed Krakoff releasing $695 fragrance for women. The fashion tycoon tells WWD, "what a lot of women want is something that not everyone can afford."

Photos from Katy Perry's Purr fragrance launch. Perry appeared at Selfridges in London to officially launch her new perfume, Purr.

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Specialty apparel retailer rue21 has announced a new cologne for guys called Carbon Elements. The new fragrance, which can be found exclusively in rue21 stores nationwide, is constructed of natural notes, including greens, bergamot, nutmeg, orange blossom and jasmine.

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Love your Jimmy Choos? The shoe and accessory designer is launching its first fragrance, Eau de Shoe, described as a modern fruity chypre created by perfumer Olivier Polge. The unique scent includes green notes, tiger orchid, toffee and Indonesian patchouli.

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