10.25.21
Puig is said to be negotiating a licensing deal with fashion designer Simon Porte Jacquemus. Puig is the No. 21 company on Happi's The International Top 30 list, The Spanish company is also one of the biggest players in the fine fragrance category. It's brands include Paco Rabanne, Carolina Herrera, Jean Paul Gaultier, Nina Ricci, Dries Van Noten, Penhaligon's and L'Artisan Parfumeur. Industry estimates say Puig is the No. 5 players in the global fine fragrance market with corporate sales of 1.5 billion euros last year. The company has three fragrances among the 20 best-selling scents in the world: Paco Rabanne, Carolina Herrera and Jean Paul Gaultier. Last month, Puig announced an investment in Scent Library, a Chinese fragrance brand.
No word yet on what a fragrance collection from Jacquemus may smell like, but the designer's love of the French Riviera could prove to be a big inspiration. Observers speculate that a fragrance bottle could be shaped in a mini Le Chiquito bag.
There's obviously much more to come from Puig, which has designs on reaching sales of three billion euros by 2023 and four billion euros by 2025.
No word yet on what a fragrance collection from Jacquemus may smell like, but the designer's love of the French Riviera could prove to be a big inspiration. Observers speculate that a fragrance bottle could be shaped in a mini Le Chiquito bag.
There's obviously much more to come from Puig, which has designs on reaching sales of three billion euros by 2023 and four billion euros by 2025.