COUNTDOWN BEGINS: Puig has set the pricing of its initial public offering at 24.50 euros per Class B share and confirmed it will begin trading on the Spanish Stock Exchanges on Friday. The beauty and fashion company’s shares, priced at the top of the offering price range of 22 to 24.50 euros per share, are … Read more
By Europa Press Translated by Roberta HERRERA Published Apr 26, 2024 Adolfo Domínguez achieved a net profit of €730,000 during its fiscal year 2023-2024 (from March 2023 to February 2024), marking a near fourfold increase (365.1% rise) from the €157,000 recorded the previous year, according to reports submitted to the National Securities Market Commission (CNMV) … Read more
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
By Reuters API Published Apr 18, 2024 Spanish perfume and fashion company Puig said on Thursday it aims to raise between 2.3 billion euros ($2.46 billion) and 2.9 billion euros in Spain’s largest initial public offering in almost a decade. The maker of Paco Rabanne and Carolina Herrera fragrances is offering to sell its shares … Read more
Translated by Cassidy STEPHENS Published Apr 19, 2024 This Thursday April 18, Diptyque opens a new concept shop called Maison Diptyque. Located at number 7 rue Duphot in the 1st arrondissement of Paris, this 400-square-metre space, previously occupied by a restaurant, is spread over two floors and divided into twelve spaces showcasing the entire range … Read more
Alexander McQueen is reorganising. The Kering label has appointed a new chief brand and communications officer, Gaelle Collet. The Spanish-born manager will take up her post on May 15, reporting directly to CEO Gianfilippo Testa. She will be responsible for steering the brand’s strategy in terms of public relations, communications, image and marketing. Alexander McQueen … Read more
By Reuters API Published Apr 15, 2024 Spanish fashion retailer Tendam plans to launch an initial public offering by the end of its financial year next February, its CEO Jaume Miquel told Reuters on Monday. Tendam “It seems like the market is opening up,” Miquel said after a business event in Madrid. “It’s a fact … Read more
By Bloomberg Published Apr 9, 2024 Puig Brands SA is betting on the Fragrance Index for its multibillion-euro initial public offering. But the owner of Charlotte Tilbury, Jean Paul Gaultier and Nina Ricci will have to pass the smell test to convince investors to buy into it. After three years of stellar growth, we may be … Read more
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
Is the fashion industry finally coming to grips with planned, unhurried succession strategies for its famous creative leaders? WWD broke the news on Tuesday that Dries Van Noten is stepping down in June after nearly four decades in fashion — and a glorious, slow-building fashion career. His last show in his current role will be … Read more
