Spanish firm Puig, owner of couture labels Nina Ricci and Paco Rabanne, said Tuesday it had taken a majority stake in French fashion house Jean Paul Gaultier, whose namesake creator retains artistic control.
As one of the candidates for the acquisition of Jean Paul Gaultier, Puig is in fighting shape. After a tricky year in 2009, the group saw its 2010 sales turnover jump 22% to more than 1.2 million euros.
Spanish perfume maker Puig is the front-runner to buy control of fashion brand Jean-Paul Gaultier after China's Li & Fung walked away but Interparfums is still in the race, fashion and banking sources said.
Nina Ricci, Paco Rabannee, Massimo Dutti, Prada... The portfolio of the Puig group has grown with the arrival of Valentino perfumes. The group has announced a global licensing agreement that will come into effect on t...
Number one in sales of men’s fragrances in 2008, it could be said that the time was ripe for a collector’s edition. From September, One Million by Paco Rabanne will be released in a Gold Collector edition.