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 a decade. See catwalkCarolina Herrera – Fall-Winter2024 – 2025 – Womenswear – Etats-Unis – New York – ©Launchmetrics/spotlight Shares rose at the start of trading … Read more

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 Felipe and threw a splashy party for more than 1,000 people at the world’s largest art nouveau complex.  Nina Ricci But in a quieter yet more important … Read more

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 through a public offering of shares (IPO). This will include the issuance of new shares targeted at qualified investors and a larger offering of existing … Read more

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 to 2022. The company announced on Thursday that it recorded record sales for the third consecutive year. CEO of Puig, Marc Puig – Europapress Puig’s … Read more

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 a minority stake in the company she created in 2014. Dr Barbara Strum products – Puig Dr. Sturm has developed skincare, body and hair care … Read more

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 its 40th anniversary. Besides an anticipated record-breaking sales forecast of over 3 billion euros, the group has announced significant changes in its corporate governance. This … Read more