The French govt, who beforehand served as CEO of Givenchy and Dior Americas (LVMH), now oversees the style and sweetness divisions of the Puig-owned home. “After many enriching years with L’Oreal and LVMH, I’m delighted to have joined Puig as President One Rabanne, main each Style and Perfume actions,” mentioned de Lesquen on his LinkedIn […]
The Estée Lauder Corporations confirmed on Monday, March 23, that it’s in talks with Spanish magnificence group Puig to doubtlessly merge the 2 firms. “No closing choice has been made, and no settlement has been reached,” the wonder large stated in a press release. Initially disclosed by the Monetary Occasions, the data was corroborated by […]
Le groupe Estée Lauder a confirmé lundi 23 mars être en pourparlers avec le chief espagnol des cosmétiques Puig en vue d’une éventuelle fusion. « Aucune décision définitive n’a été prise et aucun accord n’a été conclu », a précisé le géant des cosmétiques dans un communiqué. L’data du Monetary Occasions a également été confirmée, par le […]
Key takeaways Estée Lauder Firms Inc and Puig are in discussions over a possible merger that might create a bunch price practically $19.7bn in income. No settlement has been finalised. A deal might revitalise Estée Lauder following its 2025 restructuring and strengthen Puig because it transitions to new management. The talks align with wider consolidation […]
Le groupe de beauté et mode basé à Barcelone a choisi de séparer les fonctions de course générale et présidence du conseil d’administration. Cette décision s’inscrit dans la logique de son introduction en bourse en 2024. Puig a nommé Jose Manuel Albesa Chief Govt Officer (CEO), avec effet immédiat. Marc Puig, actuellement Chairman and CEO, […]
THE WHAT? Puig reported FY 2025 outcomes displaying file web income above €5 billion, sturdy like-for-like progress and improved profitability, persevering with to outperform the premium magnificence market. THE DETAILS Puig delivered FY 2025 web income of €5,042 million, up +7.8% like-for-like (high finish of its 6–8% outlook vary) and +5.3% reported. Adjusted EBITDA rose […]
Spain’s luxurious and cosmetics group Puig, which owns manufacturers equivalent to Charlotte Tilbury, Nina Ricci, Penhaligon’s, Rabanne and Jean-Paul Gaultier, posted a pointy enhance in earnings in 2024 because of the dynamism of its gross sales, significantly within the fragrance sector. The corporate, which went public in early Might, posted a web revenue of 531 […]
THE WHAT? Puig, the Spanish magnificence and perfume powerhouse behind manufacturers resembling Carolina Herrera, Rabanne, and Jean Paul Gaultier, reported a 14.3% enhance in fourth-quarter gross sales, surpassing analyst forecasts for the essential vacation season. THE DETAILS Puig’s fourth-quarter web gross sales reached €1.36 billion ($1.42 billion), exceeding the €1.30 billion anticipated by analysts. As […]
Le groupe espagnol Puig (Rabanne, Jean Paul Gaultier, Carolina Herera, Charlotte Tilbury, Nina Ricci, Penhaligon’s, Byredo, Apivita…) a annoncé jeudi 30 janvier une hausse de 14,3% de ses ventes au quatrième trimestre et de 10,9% pour l’ensemble de l’exercice 2024. Les ventes annuelles nettes ont atteint 4,79 milliards d’euros (4,99 milliards de {dollars}), au-delà du […]
Spain’s magnificence and vogue group Puig (Rabanne, Jean Paul Gaultier, Carolina Herera, Charlotte Tilbury, Nina Ricci, Penhaligon’s, Byredo, Apivita…) introduced on Thursday, January 30, a 14.3% improve in its gross sales in This fall and 10.9% for the entire of the 2024 monetary 12 months. Annual internet gross sales totaled 4.79 billion euros (USD 4.99 […]
