News
News
28/04/2023
CosmeticBusiness
All Signs Point to Growth
Puig Strengthens Brand Portfolio and Increases Revenues
Puig has increased its revenues to 3.62 million euros in 2022. According to the Spanish perfume and cosmetics company, this corresponds to a growth of 40 per cent compared to the previous year. Last year, the company, which owns brands such as Jean Paul Gaultier and Paco Rabanne, acquired the Swedish luxury brand Byredo as well as the wellness brands Kama Ayurveda and Loto del Sur. Puig says it plans to reach revenues of 4.5 million euros by 2025. Further information …