Beauty news and archive

Exchange rates drag on Puig's sales, as firm agreement with The Estée Lauder remains elusive

Madrid – Without having previously announced the exact timing for the release of its new fiscal year results, Puig finally reported its performance for the first quarter of 2026 on Tuesday, after the markets closed. For the three-month period ending March 31, the company's results were significantly impacted by exchange rates. According to...

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Puig restructures its board and calls annual general meeting for May 29

Madrid – In a somewhat surprising move, Puig announced late on Monday evening the resignation of Josep Oliu, chairman of Banco Sabadell, from his position as a director on the company's board, which is chaired by Marc Puig. This news was framed within the announcement of Puig's upcoming Annual General Meeting, now scheduled for May 29. The...

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Puig and Estée Lauder merger moves closer as negotiations advance

Madrid – Since confirming on March 24 that they were in negotiations for a potential merger of their respective businesses, Puig and The Estée Lauder Companies have not provided any new official information. The only exception was a statement in which the Spanish company updated its financial calendar at the end of that week. This has not...

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Kering and L’Oréal: inside the four billion euro alliance shaping the future of luxury

It is now official: Kering and L’Oréal finalised their beauty partnership on March 31, 2026. The 4 billion euro (4.64 billion dollars) deal redefines the global luxury cosmetics market. It also marks a structural turning point for the two French leaders. Initially announced in October 2025, the alliance has received the green light from...

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L’Oréal Italia and Istituto Marangoni partner to redefine beauty education

L’Oréal Italia and Istituto Marangoni have launched a new partnership aimed at reshaping beauty education by positioning hair and beauty disciplines alongside fashion and design as creative fields requiring both technical and conceptual expertise. The initiative, developed with renowned hairstylist Rossano Ferretti, frames modern beauty...

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Puig: The group that dreamed of becoming LVMH, yet may disappear under Estée Lauder's shadow

Madrid – Everyone has a price. This stark premise lies at the core of the current negotiations for a “potential” merger between the US group The Estée Lauder Companies and Spain’s Puig. The deal, should it materialise at the right valuation, could effectively subsume Puig’s 112-year history. Founded in 1914 in Barcelona by Antonio Puig Castelló...

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Estée Lauder loses 5.22 billion dollars on stock market after confirming Puig negotiations

Madrid – In Spain, investors, the market and analysts have enthusiastically welcomed the talks between Puig and The Estée Lauder Companies for a potential merger agreement. A decidedly opposite sentiment is being felt on the other side of the Atlantic, where the US beauty multinational's shares recorded another session in the red on March 24. On...

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Sandbridge Capital investment to fuel Jacquemus' international growth and beauty sector entry

According to sources from Modaes, Simon Porte Jacquemus has reportedly sold approximately 5 percent of his house to Sandbridge Capital, a Californian fund specialising in luxury, beauty and wellness. This transaction, although awaiting official confirmation, complements the financial structuring plan of a brand already engaged in a phase of...

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Puig and Estée Lauder confirm merger negotiations

Madrid – A potential, and it must be stressed potential, merger of giants in the fashion and beauty world is on the horizon. Both the Spanish company Puig, owner of Carolina Herrera and Jean Paul Gaultier, and the US-based The Estée Lauder Companies, which owns Tom Ford, Clinique and Mac, have confirmed they are in negotiations to merge. This...

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Jose Manuel Albesa appointed new CEO of Puig

Madrid – Puig, the Spanish fashion and beauty multinational that owns fashion houses such as Jean Paul Gaultier, Nina Ricci, Rabanne and Carolina Herrera, has announced the immediate appointment of Jose Manuel Albesa as the company's new sole chief executive officer. He takes over from Marc Puig, who will continue to steer the multinational's...

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Fashion |Beauty

Salt Life continues to accelerate lifestyle offering with debut fragrance

Salt Life, the coastal lifestyle brand part of Iconix International, is continuing to accelerate its transformation beyond apparel to capture the “life on the water” experience, with a new global licensing deal with beauty company Revlon Consumer Products LLC, to develop its first-ever fragrance collection, expanding the brand into the beauty...

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Estée Lauder sues Inditex and perfumer Jo Malone for trademark infringement

Madrid – While the Inditex group celebrated its strong annual results for the 2025 financial year in Madrid, beauty multinational The Estée Lauder Companies (ELC) dampened the proceedings by filing a lawsuit in the UK against the Spanish company. The legal action is based on an alleged trademark infringement occurring as part of the...