Carolina Herrera soars, even as Puig stock tanks
The stock in Spanish luxury company Puig tanked on the Madrid market last week. This Monday in New York, the group’s classiest brand Carolina Herrera soared in a great collection …
Marc Puig
Puig strengthens its presence in the Asian market with subsidiaries in India, Japan, and Korea
Translated by Roberta HERRERA Published Jul 18, 2024 The Spanish beauty group Puig has reinforced its position in the Asian market by establishing subsidiaries, launching its South Korean branch last …
Beauty group Puig gets lukewarm reception in Spanish market debut
By Reuters API Published May 4, 2024 Beauty group Puig’s shares closed flat in their market debut on Friday, a lukewarm reception to Spain’s largest initial public offering in almost …
Spanish beauty billionaires seek IPO to ward off succession drama
By Bloomberg Published Apr 25, 2024 Over four days of celebrations to mark its centenary in 2014, Spain’s biggest beauty products company inaugurated a new headquarters in Barcelona attended by the Iberian nation’s then Prince …
Puig announces intention to go public, aiming to raise over €2.5 billion
By Europa Press Translated by Roberta HERRERA Published Apr 8, 2024 The century-old cosmetics firm Puig announced on Monday its intention to go public, seeking to raise over €2.5 billion …
Dries Van Noten retiring from house he founded, with final show in June
Dries Van Noten, one of the most colorful designers of the past four decades, announced Tuesday in a shock decision that he would retire as creative director of the house …
Puig reports €465 million profit in 2023, up 16%, sets record sales for third consecutive year
By Europa Press Translated by Roberta HERRERA Published Mar 7, 2024 Puig, the global beauty company, achieved a net profit of €465 million in 2023, marking a 16% increase compared …
Puig acquires a majority stake in German skincare brand Dr. Barbara Sturm
By Europa Press Translated by Roberta HERRERA Published Jan 11, 2024 Puig has acquired a majority stake in the German molecular cosmetics brand Dr. Barbara Sturm. Its founder will retain …
Mango expands its board of directors and welcomes Toni Ruiz as a shareholder
Translated by Roberta HERRERA Published Dec 20, 2023 Mango is laying the groundwork for 2024, a year that promises an array of novelties for the fashion company as it celebrates …
Spain’s Mango to open 500 new stores globally by 2026, sales jump
By Reuters API Published Dec 20, 2023 Spanish fashion company Mango plans to open 500 new stores by 2026 in key markets such as the United States, Canada, France, Italy, …