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Puig acquires Byredo for 1 billion dollars

After weeks of speculation which beauty powerhouse would make the winning bid for Byredo, the Swedish fragrance and accessories company known for its minimalist packaging and gender neutral perfumes will be acquired by Puig. Earlier this month a French news outlet reportedL’Oreal, the world’s largest beauty conglomerate, was set to acquire...

May 31, 2022

ManagementFeatured

Puig posts robust FY revenue and profit, ups 2022 guidance

Spanish fashion and fragrance group Puig has reported soaring revenue in fiscal year 2022, and now expects revenue for the coming year to exceed 3 billion euros. The company, whose portfolio includes brands Charlotte Tilbury, Jean Paul Gaultier and Dries Van Noten, reported annual revenue of 2.585 billion euros in 2021, a 68 percent increase...

Apr 4, 2022

People

Paco Rabanne fashion names new general manager

Paco Rabanne fashion house has confirmed the appointment of Nadia Dhouib as its new general manager. Dhouib has strong experience in buying, merchandising and retail and previously served as managing director of Galeries Lafayette Champs-Élysées. She will report to Vincent Thilloy, chief brands officer for Paco Rabanne and Jean Paul Gaultier,...

Mar 17, 2022

PeopleFeatured

Nina Ricci creative directors to exit brand

Nina Ricci is to part ways with duo artistic directors Rushemy Botter and Lisi Herrebrugh. The news was confirmed by luxury group Puig, which operates the label. Curaçao-born Botter and Dutch native Herrebrugh have helmed the brand since 2018, to mixed reviews. The designers are thought to have mutually agreed their exit with Puig to concentrate...

Feb 1, 2022

Business

Jaquemus looking at beauty deal with Puig

Jacquemus is in talks with Spanish fragrance and fashion house Puig for a deal to bring the former into the world of beauty. The news was reported by WWD. Jacquemus is expected to introduce beauty sometime in 2022. The brand has declined request for comment. Jacquemus has had a continuous rise to stardom, first by becoming a darling of the Paris...

Oct 25, 2021

Fashion

Paris haute couture: Jean Paul Gaultier x Sacai

The conical bra and corset that made Jean Paul Gaultier a household name was re-imagined for the maison’s first haute couture collaboration since his official retirement last year. The guest creator of this season’s collection is the formidable Japanese designer Chitose Abe, founder of luxury label Sacai, who reportedly had unprecedented access...

Jul 7, 2021

Fashion Featured

Jean Paul Gaultier returns to ready-to-wear

When Jean Paul Gaultier closed his ready-to-wear line six years ago to focus on haute couture and fragrances, there was little suggestion the French designer would one day return. Despite his illustrious career, the once-dubbed Enfant Terrible of Paris fashion is returning with a pret-a-porter line launching this week. A post on the brand’s...

May 26, 2021

Report

Puig acquires majority stake in Charlotte Tilbury

British makeup brand Charlotte Tilbury has sold a majority stake of its company to Barcelona-based Puig. The Spanish fashion and fragrance group announced in a statement on Thursday that it would be acquiring a majority stake in the brand, while Charlotte Tilbury’s founder will retain a significant minority stake. Additionally, investing...

Jun 5, 2020

Report

Nina Ricci hires Rushemy Botter and Lisi Herrebrugh as artistic directors

After bagging the Première Vision Grand Prize at the Hyères International Festival of Fashion and Photography in April for their men’s wear designs, Dutch designer duo Rushemy Botter and Lisi Herrebrugh are joining Nina Ricci as the new artistic directors for fashion, reports WWD. The reports added that the duo joins Puig, the Spanish fragrance...

Aug 29, 2018

Fashion

In Pictures: Dries Van Noten launches exclusive collection at Mytheresa.com

An exclusive collection by Dries Van Noten is being launched at Mytheresa.com today, marking the first time the fashion house collaborates with an online retailer. The news comes less than a month after the Belgian fashion designer announced the sale of his eponymous label to Spanish luxury giant Puig. Read more: • Dries Van Noten acquired by...

Jul 10, 2018

Fashion Featured

Van Noten at Puig: can designers survive without a large corporate backing?

Dries Van Noten is a distinctive figure in the small circle of high-end fashion. To start, he is one of the few independent designers who have managed to keep his businesses afloat for several decades, without the support of a larger company. Secondly, the Belgian designer manages to stand out in media coverage without buying advertising space...

Jul 3, 2018

Fashion Featured

Timeline: Puig, the centenary family business acquiring Dries Van Noten

Belgian designer Dries Van Noten announced yesterday that he has sold a majority stake of his label to Spanish group Puig, a third-generation family business which reported 1935 million euros in revenues in 2017. Active both in the fashion and beauty industries, Puig currently owns fashion houses Carolina Herrera, Jean Paul Gaultier, Nina Ricci...

Jun 15, 2018