Spain's fashion and beauty group Puig poised for IPO

By Agence France-Presse

May 04, 2024 12:06 am

For the family-owned Puig Group, which has expanded rapidly into luxury goods, going public is a big step which will allow it to compete with the giants of the sector such as Estée Lauder, Hermes, Kering and LVMH.

The move 'is a decisive step in Puig's 110-year history,' Chairman and Chief Executive Officer Marc Puig said last month, emphasizing the firm's 'long-term approach.'

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