Rabanne Owner Puig Expects Slower Sales Growth in 2025 Puig, the renowned owner of iconic fragrance brand Rabanne, is anticipating a shift in tides as they brace themselves for a slower sales growth in the upcoming year. This projection comes in the wake of a global beauty slowdown, coupled with the looming threat of potential […]
Puig Posts 14% Rise in Holiday Sales
Puig Posts 14% Rise in Holiday Sales Puig, the Barcelona-based powerhouse known for its luxurious perfume brands such as Rabanne, Carolina Herrera, and Jean Paul Gaultier, has recently reported a significant surge in holiday sales. The company disclosed that its net sales for the final quarter of the year, spanning from October to December 31, […]
Puig to Assume Full Ownership of Charlotte Tilbury in 2031
In a significant shift within the beauty landscape, Puig, the Spanish fashion and beauty conglomerate, has announced that it will assume full ownership of Charlotte Tilbury’s cosmetics brand by early 2031. This move comes five years after Puig initially acquired a majority stake in the company in 2020. The extension of their partnership to 2030 […]
Puig Shares Drop After Withdrawal of Some Batches of Charlotte Tilbury Spray
In a startling turn of events for the luxury beauty and fashion sector, Puig’s shares saw a substantial decline following the company’s announcement of a voluntary recall of select batches of its Charlotte Tilbury makeup setting spray. The move, described as a precautionary measure due to an isolated quality issue found during routine product testing, […]
Puig Reports 26% Drop in Profit on IPO Costs
In a significant development for the luxury beauty and fashion sector, Puig, the Barcelona-based company known for its prestigious perfume brands such as Rabanne, Carolina Herrera, and Jean Paul Gaultier, reported a striking 26% decline in net profit for the first half of the year following its initial public offering (IPO) in May. The results, […]