Spain’s luxurious items and cosmetics group Puig, proprietor of Paco Rabanne and Jean Paul Gaultier, reported a major revenue improve within the first half of 2025, pushed by sturdy gross sales, significantly in fragrances.
The corporate posted a web revenue of EUR 275 million for the primary half of the 12 months, up 78.8% on the identical interval in 2024 (EUR 154 million).
Puig mentioned earnings rose partly as a result of it now not needed to take in the distinctive IPO prices of 2024 — about EUR 119.7 million — largely associated to extraordinary worker bonuses.
“We delivered sturdy development in each area,” mentioned the corporate’s Chairman and CEO, Marc Puig, in a press launch, emphasizing the nice well being of the its manufacturers, specifically in fragrances and make-up.
The cosmetics group’s income reached EUR 2.29 billion within the first half of the 12 months, up 7.6% from 2024 like-for-like, with a notable 8.6% improve within the perfume and trend sector, which accounts for 73% of its gross sales.
Based in Barcelona in 1914 by entrepreneur Antonio Puig Castellò, the Catalan magnificence group went public on Might 3, 2024, aiming to problem business leaders with manufacturers resembling Paco Rabanne, Nina Ricci, Charlotte Tilbury, and Jean-Paul Gaultier.
At the moment, Puig’s Chairman and CEO emphasised that the itemizing would instill market “self-discipline” and assist the corporate keep away from the “challenges” that family-owned companies usually face throughout generational transitions.
