• Login
    • Join
  • Subscribe Free
    • Magazine
    • eNewsletter
    Checkout
    • Magazine
    • News
    • Formulary
    • Exclusives
    • Top Companies
    • Raw Materials
    • End-User
    • Packaging
    • Directories
    • Events
    • Jobs
    • More
  • Magazine
  • News
  • Formulary
  • Exclusives
  • Top Companies
  • Raw Materials
  • End-User
  • Packaging
  • Directories
  • Events
  • Jobs
  • Current / Back Issues
    Features
    Columns
    Editorial
    Digital Edition
    eNewsletter Archive
    Our Team
    Editorial Guidelines
    Subscribe Now
    Advertise Now
    Top Features
    HCPA Builds Key Alliances In & Out of Washington

    NYSCC Suppliers’ Day Is Back on Schedule

    Salon Consumers Seek Wellness, Skincare Benefits in Professional Haircare

    Sustainability Continues To Shape Beauty, Home & Personal Care Packaging

    The Power of Neem in Personal Care Formulas
    Online Exclusives
    Association News
    Breaking News
    Financial News
    Industry News
    International
    Marketing News
    New Products
    News Front
    Packaging News
    Patents
    Personnel
    Regulations
    Snapshots
    Top News
    Live From Shows
    Top News
    Spate’s Nose for the Latest Beauty Trends Says The Skunk Stripe, Collagen Serum and Waterproof Eyeshadow are Top of Mind for Consumers this Summer

    A Suitor Emerges for Revlon, SK Capital’s New Dealmaker & P&G’s Indoor Air Quality Efforts

    Wonder Curl Wins GlossWire's GlossPitch Competition

    Anti-aging Skincare Brand Vitabrid C12 Launches Bestsellers on Amazon

    Botanical Embedded Candles Can Be Fire Hazard, Says National Candle Association
    Blog
    Online Exclusives
    Glossary
    Infographics
    Podcasts
    Whitepapers
    Videos
    Expert's Opinion
    HappiTV
    eBook
    Surveys
    International Top 30 Report
    Top 50 Report
    Top Companies
    45. Gojo

    23. Puig

    18. Elizabeth Arden

    29. Menard

    Luxury Brand Partners
    Actives
    Functional Ingredients
    Pigments
    Polymers
    Preservatives
    Surfactants

    A Suitor Emerges for Revlon, SK Capital’s New Dealmaker & P&G’s Indoor Air Quality Efforts

    Wonder Curl Wins GlossWire's GlossPitch Competition

    Botanical Embedded Candles Can Be Fire Hazard, Says National Candle Association

    McKinsey Identifies the Gaps in Black Beauty

    Arxada Disinfectants Are Effective Against the Monkeypox Virus
    Air Care/Environmental Fragrance
    AP/Deo
    Color Cosmetics
    Disinfectants
    Fine Fragrance
    Hair Care
    Household Cleaning
    I&I Marketplace
    Laundry Care
    Oral Care
    OTC/Medicated
    Packaging
    Personal Cleansers
    Skin Care
    Sun Care
    Testing

    A Suitor Emerges for Revlon, SK Capital’s New Dealmaker & P&G’s Indoor Air Quality Efforts

    Wonder Curl Wins GlossWire's GlossPitch Competition

    Anti-aging Skincare Brand Vitabrid C12 Launches Bestsellers on Amazon

    Botanical Embedded Candles Can Be Fire Hazard, Says National Candle Association

    Caire Beauty to Celebrate Menopause Empowerment Day
    Lab Equipment
    Mixing
    Packaging
    Testing

    Labskin's Microbiome-Friendly+ Seal of Approval Available in the US

    Sustainability Continues To Shape Beauty, Home & Personal Care Packaging

    Technology Cuts Plastic Decomposition from 500 Years to Three Months

    Aerosol Recycling Initiative Launched by HCPA

    Goodnest Delivers New Options for Sustainable Baby Care Needs
    Contract Manufacturing / Private Label Directory
    Buyer's Guide
    Add New Company
    Corporate Profiles
    International Buyers Guide Companies
    Jeen International

    Ashland

    Lubrizol Life Science

    QRS (Quality Resourcing Services)

    cosmopak usa
    Live From Shows
    Meetings
    Webinars
    Snapshots
    • Magazine
      • Current / Back Issues
      • Features
      • Editorial
      • Columns
      • Digital Edition
      • eNewsletter Archive
      • Subscribe Now
      • Advertise Now
    • Breaking News
    • Formulary
    • Directories
      • Buyer's Guide
      • Contract Manufacturing / Private Label Directory
      • Corporate Profiles
      • Add Your Company
    • Raw Materials
      • Actives
      • Functional Ingredients
      • Pigments
      • Polymers
      • Preservatives
      • Surfactants
    • End-User
      • Air Care/Environmental Fragrance
      • AP/Deo
      • Color Cosmetics
      • Disinfectants
      • Fine Fragrance
      • Hair Care
      • Household Cleaning
      • I&I Marketplace
      • Laundry Care
      • Oral Care
      • OTC/Medicated
      • Packaging
      • Personal Cleansers
      • Skin Care
      • Sun Care
      • Testing
    • Packaging
      • Lab Equipment
      • Mixing
      • Packaging
      • Testing
    • Top Companies
      • International Top 30 Report
      • Top 50 Report
    • Online Exclusives
    • Glossary
    • Experts Opinion
    • Slideshows
    • HappiTV
    • Podcasts
    • Videos
    • Infographics
    • eBook
    • Blog
    • Whitepapers
    • Surveys
      • R & D Salary Survey
      • Sales & Marketing Salary Survey
    • Job Banks
    • Events
      • Industry Events
      • Live from show Events
      • Webinars
    • About Us
      • About Us
      • Contact Us
      • Advertise With Us
      • Privacy Policy
      • Terms of Use
    Breaking News

    Puig Unveils New Business Structure

    Creates new “Derma” division and sets lofty growth goals.

    Puig Unveils New Business Structure
    Isdin will be part of Puig's new Derma division.
    Related CONTENT
    • Natural Plant Products, LLC
    • Natural Plant Products, LLC
    • Hair Oil: A Look at the Top 10 Hair Care Beauty Brands by Search
    • Line It Up: Top 10 Eyeliner Makeup Brands by Search Volume
    • Top 10 Beauty Brands for Makeup Palettes in Color Cosmetics
    Happi Staff12.09.20
    Puig has reorganized its business structure with the creation of three divisions: Beauty and Fashion, Charlotte Tilbury, and Derma. The new units will all be operational as of January 1, 2021. 
     
    The newly created Derma division will incorporate Uriage and Apivita, in which Puig has a majority stake, in addition to the 50% stake in Isdin. The trio of brands together position Puig as the third largest player in Europe in the sector of dermo-cosmetic products for sale in pharmacies, with two of its brands in the top 10 of the rankings, according to the company.
     
    The beauty and fashion division will be made up of the brands Paco Rabanne, Carolina Herrera, Jean Paul Gaultier, Nina Ricci, Dries Van Noten, Penhaligon’s and L’Artisan Parfumeur; the licenses of Christian Louboutin and Comme des Garçons Parfums, and the lifestyle brands of Adolfo Dominguez, Antonio Banderas, Shakira and Benetton. The fragrance business of these brands positions Puig as the fifth largest player in the world in prestige perfumes with a value market share of nearly 10% and with three brands in the top 20 of the world rankings, saidthe company.
     
    The Charlotte Tilbury division will integrate the fast-growing beauty brand that Puig acquired a majority stake in earlier this year.
     
    As can be expected excepted, Puig's sales have been affected by the COVID-19 pandemic, which is why a significant decrease is forecast by the firm; it expects sales to drop from €2 billion in 2019 to €1.5 billion this year. 
     
    With the three divisions, Puig has set lofty goals; it aims to reach €3 billion in sales in 2023, and more than €4 billion in 2025.  

    Puig was ranked No. 20 in Happi’s most recent International Top 30 Report.

    By 2025, Puig says its portfolio is expected to include two almost 1 billion-euro brands (Paco Rabanne and Carolina Herrera), two brands with sales of €500 million (Isdin and Charlotte Tilbury); as well as others such as Jean Paul Gaultier, Penhaligon’s, Dries Van Noten, Uriage, Apivita, L’Artisan Parfumeur and the Christian Louboutin license, with sales of between €100 million and €500 million. In this context, the company expects significant growth due to digital and growth in China, which will account for 30% and 25% of sales respectively in 2025. 
     
    Moreover, Puig has signed agreements that will enable it to obtain majority stakes in companies in which it is currently a minority shareholder, such as Loto del Sur in Colombia and Kama Ayurveda in India. 
     
    In recent years, Puig says it has grown by developing an ecosystem with entrepreneurs with whom it shares values and a common business vision in building brands, positioning the multinational as a significant player in the future of the luxury sector. 
    Related Searches
    • Skin Care
    • Fine Fragrance
    • Color Cosmetics
    Related Knowledge Center
    • Fine Fragrance
    • Skin Care
    • Color Cosmetics
    Suggested For You
    Natural Plant Products, LLC Natural Plant Products, LLC
    Natural Plant Products, LLC Natural Plant Products, LLC
    Hair Oil: A Look at the Top 10 Hair Care Beauty Brands by Search Hair Oil: A Look at the Top 10 Hair Care Beauty Brands by Search
    Line It Up: Top 10 Eyeliner Makeup Brands by Search Volume Line It Up: Top 10 Eyeliner Makeup Brands by Search Volume
    Top 10 Beauty Brands for Makeup Palettes in Color Cosmetics Top 10 Beauty Brands for Makeup Palettes in Color Cosmetics
    Create Natural, Eco-Conscious Beauty Products with Help from AAK Create Natural, Eco-Conscious Beauty Products with Help from AAK
    Fragrance Gets Back On Track Fragrance Gets Back On Track
    Consumers Trust Antimicrobial Product Claims, But Want More Evidence Consumers Trust Antimicrobial Product Claims, But Want More Evidence
    Silwax B116 from Siltech Silwax B116 from Siltech
    Silube PCH from Siltech Silicones Silube PCH from Siltech Silicones
    Z-Cote Zinc Oxide UV Filters from BASF Z-Cote Zinc Oxide UV Filters from BASF
    Symrise Presents Updated Version of its Perfumers’ Compendium Symrise Presents Updated Version of its Perfumers’ Compendium
    BASF Honored with 2021 Safer Choice Partner of the Year Award BASF Honored with 2021 Safer Choice Partner of the Year Award
    Sc-Help Defense from BotanicalsPlus Sc-Help Defense from BotanicalsPlus
    Will the FDA Impose Another Deadline on the Sunscreen Industry? Will the FDA Impose Another Deadline on the Sunscreen Industry?

    Related Content

    • Natural Plant Products, LLC

      ...
      Laura Cox, Marketing Consultant - Contractor 03.14.22

    • Natural Plant Products, LLC

      Natural Plant Products, LLC

      ...
      Andee Masonek, Marketing Consultant - Contractor 03.14.22

    • Hair Care
      Hair Oil: A Look at the Top 10 Hair Care Beauty Brands by Search

      Hair Oil: A Look at the Top 10 Hair Care Beauty Brands by Search

      Which are the most popular brands in the US by search volume? Cosmetify has crunched the numbers.


    • Color Cosmetics
      Line It Up: Top 10 Eyeliner Makeup Brands by Search Volume

      Line It Up: Top 10 Eyeliner Makeup Brands by Search Volume

      Cosmetify has crunched the numbers to reveal the most-searched-for cosmetic brands in the US.

    • Color Cosmetics
      Top 10 Beauty Brands for Makeup Palettes in Color Cosmetics

      Top 10 Beauty Brands for Makeup Palettes in Color Cosmetics

      Based on search volume in the US, these are the most popular, according to Cosmetify.

      Trending
      • SK Capital Taps Asim Bhatia As New Director, Business Development
      • Reliance Mulls Revlon Acquisition
      • Beautycounter Launches Text Campaign For FDA Safety And Landmark Advancements Act
      • Band-Aid Brand Enters Acne Care With New Blemish Patch
      • McKinsey Identifies The Gaps In Black Beauty
      Breaking News
      • Spate’s Nose for the Latest Beauty Trends Says The Skunk Stripe, Collagen Serum and Waterproof Eyeshadow are Top of Mind for Consumers this Summer
      • A Suitor Emerges for Revlon, SK Capital’s New Dealmaker & P&G’s Indoor Air Quality Efforts
      • Wonder Curl Wins GlossWire's GlossPitch Competition
      • Anti-aging Skincare Brand Vitabrid C12 Launches Bestsellers on Amazon
      • Botanical Embedded Candles Can Be Fire Hazard, Says National Candle Association
      View Breaking News >
      CURRENT ISSUE

      June 2022

      • Skin Care Needs In a Post-Covid World
      • Salon Hair Care Trends
      • Sustainability Shapes Beauty, Home & Personal Care Packages
      • Formulating with Neem in Personal Care Formulas
      • Suppliers' Day Trade Show by Society of Cosmetic Chemists
      • Household and Commercial Products Midyear Meeting Review
      • Household & Personal Care Trade Association Directory 2022

      Cookies help us to provide you with an excellent service. By using our website, you declare yourself in agreement with our use of cookies.
      You can obtain detailed information about the use of cookies on our website by clicking on "More information”.

      • About Us
      • Privacy Policy
      • Terms And Conditions
      • Contact Us

      follow us

      Subscribe
      Nutraceuticals World

      Latest Breaking News From Nutraceuticals World

      Florida Food Products Acquires Javo
      Roquette Launches Nutralys Rice Protein
      New IADSA Chair Lauds Explorations of Supplementation in Healthcare Policy
      Coatings World

      Latest Breaking News From Coatings World

      The Southern Society for Coatings Technology's 84th Annual Technical Conference A Success
      PPG to Showcase Specialty Automotive, Aerospace Adhesives, Sealants at Adhesives & Bonding Expo
      PPG’s New Paint for a New Start Initiative to Transform 25-plus Schools Worldwide
      Medical Product Outsourcing

      Latest Breaking News From Medical Product Outsourcing

      MPO's Most Read Stories This Week—June 25
      Magnetic Insight Announces $17 Million in Series B Funding
      BreatheSuite Adds Brad Fluegel to its Board
      Contract Pharma

      Latest Breaking News From Contract Pharma

      Pierre Fabre and Lonza Enter Manufacturing Agreement
      MasterControl and Elemental Machines Form Biomanufacturing Partnership
      Qosina Strengthens Aseptic Capabilities
      Beauty Packaging

      Latest Breaking News From Beauty Packaging

      Benefit Exec Joins Madison Reed's Board
      Peroni & Ellis Brooklyn Launch Fragrance Collection Inspired by Italian Spritz Cocktails
      Rhode Is Trending for June, Trendalytics Says
      Happi

      Latest Breaking News From Happi

      Spate’s Nose for the Latest Beauty Trends Says The Skunk Stripe, Collagen Serum and Waterproof Eyeshadow are Top of Mind for Consumers this Summer
      A Suitor Emerges for Revlon, SK Capital’s New Dealmaker & P&G’s Indoor Air Quality Efforts
      Wonder Curl Wins GlossWire's GlossPitch Competition
      Ink World

      Latest Breaking News From Ink World

      Weekly Recap: INX’s VC Fund, Screen Industry and Ball Top This Week’s News
      British Coatings Federation Posts Online History
      Orion Announces Price Increases, Reduced Payment Terms
      Label & Narrow Web

      Latest Breaking News From Label & Narrow Web

      PCMC teams with IGT, Fujifilm makes big announcement and more
      Loftware recognized as 'AIDC Company of the Year'
      Schreiner MediPharm highlights sustainability of Needle-Trap technology
      Nonwovens Industry

      Latest Breaking News From Nonwovens Industry

      Weekly Recap: SWM and Neenah Introduce Mativ Inc., Avgol honored for Biotransformation Technology & More
      Tranzonic Names VP of Supply Chain
      Ontex Climate Action Targets Approved by Science-Based Targets Initiative
      Orthopedic Design & Technology

      Latest Breaking News From Orthopedic Design & Technology

      ODT's Most-Read Stories This Week—June 25
      3Spine Inc. Receives IDE Approval for U.S. Pivotal Clinical Trial
      Volume-Based Procurement to Reduce Chinese Orthopedic Market Value
      Printed Electronics Now

      Latest Breaking News From Printed Electronics Now

      Weekly Recap: eMagin, Applied Materials, and Schott Top This Week’s Stories
      NREL Names Jennifer Logan to Leadership Team as CFO
      National Grid Renewables Orders 2 GW of First Solar Modules

      Copyright © 2022 Rodman Media. All rights reserved. Use of this constitutes acceptance of our privacy policy The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Rodman Media.

      AD BLOCKER DETECTED

      Our website is made possible by displaying online advertisements to our visitors.
      Please consider supporting us by disabling your ad blocker.


      FREE SUBSCRIPTION Already a subscriber? Login