Puig news and archive

Nina Ricci hires Rushemy Botter and Lisi Herrebrugh as artistic directors

After bagging the Première Vision Grand Prize at the Hyères International Festival of Fashion and Photography in April for their men’s wear designs, Dutch designer duo Rushemy Botter and Lisi Herrebrugh are joining Nina Ricci as the new artistic directors for fashion, reports WWD. The reports added that the duo joins Puig, the Spanish fragrance...

Fashion

In Pictures: Dries Van Noten launches exclusive collection at Mytheresa.com

An exclusive collection by Dries Van Noten is being launched at Mytheresa.com today, marking the first time the fashion house collaborates with an online retailer. The news comes less than a month after the Belgian fashion designer announced the sale of his eponymous label to Spanish luxury giant Puig. Read more: • Dries Van Noten acquired by...

Fashion Featured

Van Noten at Puig: can designers survive without a large corporate backing?

Dries Van Noten is a distinctive figure in the small circle of high-end fashion. To start, he is one of the few independent designers who have managed to keep his businesses afloat for several decades, without the support of a larger company. Secondly, the Belgian designer manages to stand out in media coverage without buying advertising space...

Fashion Featured

Timeline: Puig, the centenary family business acquiring Dries Van Noten

Belgian designer Dries Van Noten announced yesterday that he has sold a majority stake of his label to Spanish group Puig, a third-generation family business which reported 1935 million euros in revenues in 2017. Active both in the fashion and beauty industries, Puig currently owns fashion houses Carolina Herrera, Jean Paul Gaultier, Nina Ricci...

BusinessFeatured

Dries Van Noten acquired by Puig

Dries Van Noten has sold a majority stake of its brand to Spanish group Puig, which also owns Carolina Herrera, Jean Paul Gaultier, Nina Ricci and Paco Rabanne. Van Noten will continue working for the brand as its chief creative officer and chairman, according to a join statement. He will also hold a significant amount of shares from the group....

Business

Christian Louboutin and Puig team up for new beauty license

Christian Louboutin has found a new fragrance party in Puig as it expands its beauty business. While their nail polishes have been a success, Louboutin is aiming to expand their fragrance business to compete with other top department store brands. In 2013, the two companies came together to create the vision for Louboutin's beauty category,...

Management

Spanish brands make it to the global luxury 'top 100'

Several Spanish names sound with strength within the top 100 global luxury list that consulting firm Deloitte draws every year. In fact, this is the third consecutive year in which the Spanish fashion sneaks among the top ranking. Sociedad Textil Lonia, Puig, Tous, Festina Lotus and St. Patrick remain among the hundred largest luxury companies...

People

Carolina Herrera names new CEO

New York-based fashion label Carolina Herrera has named Francois Kress, who was most recently global president of Stuart Weitzman, as its new chief executive officer. Kress assumes some of the responsibilities previously handled by Caroline Brown, who resigned as president in September to become CEO of Donna Karan International, and will be...

Apparel

Puig acquires Jean-Paul Gaultier

Jean-Paul Gaultier has been bought by Spanish cosmetics group Puig, who acquired a majority share. The group, which also owns Nina Ricciand Paco Rabanne, bought the 45% stake from Hermes and around 15% from its eponymous designer Jean-Paul Gaultier. Gaultier did not disclose financial terms of the deal. The designer, who founded the company in...