Sales: $1.5 billion
Key Personnel: Marc Puig Guasch, chairman and chief executive officer; Manuel Puig Rocha, vice chairman; José Manuel Albesa, chief brand officer; Javier Bach, chief operating officer; Eulalia Alfonso, chief human resources officer; Joan Albiol, chief financial officer.
Major Products: Fine fragrances, beauty products and toiletries. Brands include Penhaligon’s, L’Artisan Parfumeur, Comme des Garcons, Prada, Valentino, Paco Rabanne, Carolina Herrera, Nina Ricci, Payot, Vitesse Heno de Pravia, Anouk, Azur, Quorum, Pacha, Agua Brava, Sportman, Adolfo Dominguez, Massimo Dutti, Mango, Victorio & Lucchino, Antonio Banderas, Shakira, Heno de Pravia, Lavanda Puig.
New products: Prada Candy Collection (limited edition): Candy, Candy Kiss, Candy Kiss Florale, Candy Kiss L’Eau; Comme Des Garcon Blue Cedrat; Paco Rabanne 1 Million Cologne, Paco Rabanne 1 Million and Invictus gift sets.
Comments: At the end of 2014, Puig had more than 4,000 employees and presently has subsidiaries in 22 countries and sells its products in more than 140 countries around the world. For the year, corporate sales rose 4.2% to more than $1.8 billion, but about 20% of revenue comes from the fashion side of the business.
By region, 14% of revenues were generated in Spain, an increase of 6%, breaking the negative trend of the last few years and 86% in the rest of the world. 46% of sales were in emerging markets outside the EU and North America.
One of the biggest news items at the company in 2015 was the acquisition of Penhaligon’s and L’Artisan Parfumeur from Fox Paine & Company, LLC. with effect as of Jan. 23, 2015.
Penhaligon’s London, established in 1870, is one of the most prestigious British fragrance houses. The brand has a deep heritage and holds two Royal Warrants, a symbol of excellence and quality. Its most iconic fragrance is Blenheim Bouquet, created in 1902 for the Duke of Marlborough. The brand has its own retail network and a global presence.
L’Artisan Parfumeur Paris, founded in 1976, is an artisanal brand working with its own craftsmen to create authentic and innovative perfumes. L’Artisan Parfumeur operates retail boutiques in France and has a global presence.
Puig is committed to continue expanding its presence in the prestige perfumery category. The acquisitions firmly position Puig in the growing exclusive, high-end fragrance category.