Carolina Herrera's Good Girl and Jean Paul Gaultier's Le Male were standout performers for prestige, and demand for Byredo’s Blanche Absolu supported Puig’s niche fragrance arm.
Shares in the Barcelona-based company also jumped by a modest 2.7% in early trading on 28 April as it bucked a recent downturn in demand for luxury beauty businesses.
Puig saw a notably strong performance in the US, reporting 11.5% growth in the market, equally shrugging off current market anxieties in the wake of the US tariff hikes.
— Read more in Puig upbeat as first quarter revenues top €1.21 billion at Cosmetics Business.
Leave a reply
You must be logged in to post a comment.