×
865
Fashion Jobs
DIESEL LONDON LTD
Keyholder
Permanent · DARTFORD
HUGO BOSS
E-Commerce Operations & Logistics Manager
Permanent · London
VF INTERNATIONAL
Senior Credit Controller - Multibrand
Permanent · CALVERTON
EASTPAK
Credit Team Leader - Eastpak
Permanent · CALVERTON
HUGO BOSS
Buyer Emea
Permanent · London
ESTÉE LAUDER
Aveda - Omni National Account & Operations Executive
Permanent · London
ESTÉE LAUDER
Demand Planner - Supply Chain
Permanent · London
ESTÉE LAUDER
Director, International Business Development (Maternity Cover)
Permanent · London
PAUL SMITH
International Sales Executive
Permanent · LONDON
EASTPAK
Sales Manager
Permanent · LONDON
NEW BALANCE
Category Merchandising Manager Emea, Running Footwear
Permanent · Warrington
CONFIDENTIEL
Warehouse Area Manager
Permanent ·
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Liverpool - 26 Hours - Part Time, Permanent
Permanent · Liverpool
ESTÉE LAUDER
Clinique - Consultant - Boots-Aintree, Liverpool - 11 Hours - Part Time, Permanent
Permanent · Liverpool
ESTÉE LAUDER
Clinique - Consultant - Fenwick, Newcastle - 12 Hours - Part Time, Permanent
Permanent · Newcastle upon Tyne
ESTÉE LAUDER
Clinique - Consultant - Boots, Bishops Stortford - 7.5 Hours - Part-Time - Permanent
Permanent · Bishop's Stortford
ESTÉE LAUDER
Clinique - Consultant - Boots, st Davids Cardiff - 37.5 Hours - Full Time, Permanent
Permanent · Cardiff
ESTÉE LAUDER
Clinique - Consultant - Boots, Oracle Reading - 28 Hours - Part Time, Permanent
Permanent · Reading
ESTÉE LAUDER
Clinique - Consultant - Flannels, Sheffield Meadowhall - 22.5 Hours - Part Time, Permanent
Permanent · Sheffield
ESTÉE LAUDER
Clinique - Consultant - John Lewis, Cribbs Causeway - 37.5 Hours - Full Time, Permanent
Permanent · Bristol
ESTÉE LAUDER
Clinique - Consultant - Boots, st Davids Cardiff - 30 Hours - Full Time, Permanent
Permanent · Cardiff
ESTÉE LAUDER
Art Director
Permanent · London
By
Europa Press
Translated by
Barbara Santamaria
Published
May 20, 2019
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Puig targets sales of 1 billion euros each for Paco Rabanne and Carolina Herrera

By
Europa Press
Translated by
Barbara Santamaria
Published
May 20, 2019

Spanish company Puig, a fragrance and fashion specialist, is hoping its iconic brands Paco Rabanne and Carolina Herrera make 1 billion euros in sales each in the short term, with the goal of achieving revenues of 3 billion euros.



Paco Rabanne - Fall-Winter2019 - Womenswear - Paris - © PixelFormula



“The company is working increase our market share through acquisitions. We want to increase our organic growth and achieve sales of 3 billion euros, so we are working to help our brands  Carolina Herrera and Paco Rabanne drive sales of 1 billion euros each,” said José Manuel Albesa, brands, markets and operations president at Puig in a presentation at the FT Business of Luxury Summit. The company ruled out the possibility of a merger.

Albesa said Puig is a company that has focused on disrupting the fragrance segment by launching innovative products and perfume alternatives, so the group is betting on new strategies to boost its international growth via selling accessories in to fragrances and makeup.

“We are also giving our makeup brands a boost in Asia with the acquisition of new brands. We are growing a lot and want to develop a unique strategy for Puig, which is still a family-owned business but one that wants to grow quickly,” he said with regards to the investments the company has recently made in India and Colombia.

He also defended the importance of remaining a family business. “There is nothing wrong with being a family business, since we are between Paris and Barcelona.  We are a Mediterranean family company and this sets our identity, the bravery of Spanish economy with a global perspective,” he explained.

Albesa reiterated that the fashion and fragrance company continues its commitment to local and regional platforms with leading market share positions in the beauty sector, such as Granado in Brazil or Kama Ayurveda in India.

Puig, which also owns Jean Paul Gaultier y Nina Ricci’s brands, had a net profit of 242 million euros in 2018, up 6% on the previous year, and revenues of 1.93 billion euros. 86% of sales were generated outside Spain, with European markets and the United States accounting for 45% of revenues and emerging markets representing 41% of all sales, while Spain accounted for 14%.

Copyright © 2021 Europa Press. Está expresamente prohibida la redistribución y la redifusión de todo o parte de los contenidos de esta web sin su previo y expreso consentimiento.