Sales: $1.3 billion
Key Personnel: Marc Puig Guasch, chairman, chief executive officer and president of Puig Prestige Division at Puig Beauty & Fashion Group, S.L; 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 Prada, Paco Rabanne, Jean-Paul Gaultier, Nina Ricci, Payot, Penhaligon’s, L’Artisan Parfumeur, Comme des Garcons, Valentino, Carolina Herrera, 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, Prada Candy L’Eau, Prada Candy Florale fragrances (all limited edition); Prada Luna Rossa Sport Gift Set; Paco Rabanne Invictus Gift Set; Payot Suprême Jeunsesse anti-aging skin care.
Comments: In 2015, Puig’s corporate sales rose 9%; sales of fragrances and cosmetics account for 75% of sales. In the company’s annual report it was noted that for the year, 14% of all revenues were generated in Spain and 86% in the rest of the world. Emerging markets accounted for 47% of the company’s business, outside of the European Union and North America. Puig has almost 4,500 employees in 2015 and 1,620 of them are located in Spain. At present, Puig sells its products in more than 150 countries and has subsidiaries in 22 of these countries.
In 2016, Puig S.L. completed a deal with The Shiseido Group for the IP rights of Jean Paul Gaultier (JPG) fragrance products and its business, which Shiseido’s Beaute Prestige International S.A., had been managing. Puig became the majority shareholder of the Fashion House Jean Paul Gaultier in 2011 and wanted to develop and sell JPG fragrance on its own.
In skin care, Payot’s Suprême Jeunsesse global anti-aging line is the culmination of several years of research by by Payot Laboratoires. Four products with cutting-edge formulas offer a concentration of innovative anti-aging actions to effectively fight the signs of aging: wrinkles, slackening, dark spots, a lack of radiance and dehydration, said the company.