Puig news and archive

Jean Paul Gaultier collaborates with Bratz

French fashion house Jean Paul Gaultier has unveiled a limited-edition collector doll with fashion doll brand Bratz from MGA Entertainment. The Bratz x Jean Paul Gaultier doll celebrates “radical self-expression through fashion,” and sees Bratz's ‘Sasha’ doll serving two looks that pay homage to Jean Paul Gaultier’s couture heritage, including a...

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Business

Byredo founder Ben Gorham’s exit marks a familiar pattern in beauty M&A

Ben Gorham, the founder and creative force behind Swedish fragrance label Byredo, is stepping away from the brand nearly two decades after its inception and three years after selling a majority stake to Spanish conglomerate Puig, reported Cosmetics Business. Founded in 2006, Byredo evolved from a niche fragrance label into a full-fledged...

Retail

Byredo expands beyond London with Victoria Leeds flagship

Moving away from the typical London-centric trajectory of luxury beauty, Swedish fragrance house Byredo is preparing to open its first standalone store outside the capital — a 2,154-square-foot boutique in the heart of Victoria Leeds. This move marks a geographic milestone for the cult label, but also reflects the broader rise of niche beauty in...

Retail|In Pictures

In Pictures: Dries Van Noten opens first New York store

Dries Van Noten has officially entered the Eastern US retail market. The Belgian fashion house has opened its first standalone store in New York City, building on its global presence. For the brand, which had already been present in the US at Saks Fifth Avenue stores, North America has long been a main global market. Thus, after inaugurating...

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Business

Puig maintains outlook after opening year with sales increase of 7.8 percent

Madrid – Even with a blackout and unprecedented problems in communications networks in the history of Spain, the fashion and beauty multinational Puig responded to its scheduled meeting with investors. As planned, it presented the sales figures recorded during the first quarter of its new fiscal year of 2025 on Monday, after the markets closed....

Retail

A look into Puig's retail strategy for Dries Van Noten

Madrid – The most perfect harmonisation of universes around fashion and beauty supports Puig’s diversified business model. This is what could be discovered behind the walls of the new Dries Van Noten “boutiques”, one of the main houses in the Spanish multinational’s portfolio, which just opened in London and Tokyo. These openings serve as a...

Retail|Beauty

Charlotte Tilbury expands reach in the US with Bluemercury

Charlotte Tilbury, the award-winning global luxury make-up, skincare and fragrance brand founded by British entrepreneur and make-up artist Charlotte Tilbury, part of the Spanish fashion and beauty group Puig, has launched at US luxury beauty retailer Bluemercury. The US is one of the beauty brand’s biggest markets and its key products,...

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Business

Puig boosts profits by 14 percent, closes first year as listed company on a high

Spanish multinational Puig, the parent company of Rabanne, Caroline Herrera and Jean Paul Gaultier, has reported its annual results for the 2024 fiscal year, the first it has completed as a listed company. The report largely confirms interim results shared by Puig earlier in January, in which it stated that its total net sales reached 4.79...

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Business

Puig closes first year as listed company with record sales of 4.8 billion euros

Puig, the parent company of Rabanne, Jean Paul Gaultier and Nina Ricci, has reported its sales results for the full fiscal year 2024, the first of which the Spanish multinational completed as a listed company, after its debut on the stock market on May 3. For the period, the fashion and perfume group posted a new historical turnover record,...

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Business

Unwrapping in 2025 – Eyebrow raising IPOs: From Shein’s controversy to Nordstrom’s private pursuit

The landscape of IPOs has twisted and turned over the last year as the market undergoes continued challenges. Yet, this landscape has seemingly not made the pursuit of a public listing any less appealing to those hoping to bolster their positioning. FashionUnited takes a look at what is on the horizon as the biggest stories of this year continue...

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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

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...