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Business

Puig fails to meet targets and delays the purchase of Charlotte Tilbury

Is Puig failing to meet the objectives it set for its IPO? It seems that, at this moment, this could be the case. The Spanish multinational fashion and beauty company announced it was delaying its acquisition of a minority stake in the cosmetics firm, Charlotte Tilbury, which is to remain in the hands of its founder until 2031. This new deadline...

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Business|Beauty Featured

Puig and Charlotte Tilbury extend partnership

Spanish fashion and beauty group Puig has announced an extension of its strategic partnership with British cosmetics and fragrance brand Charlotte Tilbury. Puig, which acquired a majority stake in Charlotte Tilbury Limited in 2020, said that under the terms of the renewed partnership, Charlotte Tilbury will retain a minority stake in her...

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