Global beauty conglomerate Puig has announced robust interim results for fiscal year 2025, surpassing predictions with a stable surge in sales and a significant boost in profitability. In the first half of the year, net revenue increased by 7.6% to reach €2.3…
Dries Van Noten, one of the last independent luxury fashion houses, has sold a majority stake to Spanish group Puig. Van Noten will remain a “significant” minority shareholder, as well as chief creative officer and chairman of the board, according to the…
Japanese cosmetics group Shiseido is aiming to become one of the world’s top five perfume makers in five years, up from its current seventh spot. New acquisitions will help Shiseido perfume market share grow – along with a step-up in marketing, especially…