Puig increases its sales to perimeter and constant exchange rates, what is known as LFL, and 7% while the figure borders, between January and September of this year, the 3,600 million euros.
In the third quarter alone, the firm’s turnover of perfumery and cosmetics brands such as Rabanne, Carolina Herrera, Jean Paul Galtier and Nina Ricci highlights that Its improvement is 6.1% to 1,297 million euros.
In that period, between July and September of this year, sales increased in all business segments, 2.8% in Fragrances and Fashion, but the increase in Skin Care reached 10.5% and 18.8% in Makeup.
That first business area, contributes 2,617 million in net sales until September, 6.4% more and represents 73% of Puig’s turnover in the period.
The second, makeup, contributes 16% of Puig’s net sales with 569 million euros and growth at constant exchange rates of 8.3%.
Finally, Skin Care represents 11% of the luxury brand’s sales and has continued to demonstrate good performance. Its sales reached 410 million, 9.2% more.
Also growth in terms of geographical areas, leading Asia Pacific, with an increase of 35.8%, while in EMEA, that is, Europe, the Middle East and Africa, Puig increased its turnover by 4.2% and in the Americas, by 2.3%.
All this while maintaining its financial perspectives for 2025.
Marc Puig, executive president of Puig highlights that «Puig has closed another solid quarterbacked by sustained growth in all business segments and the strength of our brands. We face the Christmas campaign with full confidence, thanks to our solid execution capabilities, our disciplined management and relevant launches, among them, the Carolina Herrera Bomba. With this, we ratify the commitments established at the beginning of the year.»