×
2 817
Fashion Jobs
BOOHOOMAN
SEO Manager
Permanent · MANCHESTER
AESOP
Cybersecurity Operations Manager UK
Permanent · London
BOOHOOMAN
Senior CRM Executive
Permanent · MANCHESTER
HARRODS
Buyers Clerk (Food)
Permanent · LONDON
HARRODS
Lead Art Editor
Permanent · LONDON
JOHN LEWIS
Brand Experience Manager
Permanent · HIGH WYCOMBE
JOHN LEWIS
Section Manager – Training
Permanent · MILTON KEYNES
SUPERDRY
Internal Audit Manager
Permanent · CHELTENHAM
ESTEE LAUDER
Clinique - Consultant - Selfridges, London - 15 Hours, 2 Days - Part Time, Permanent
Permanent · Londres
ESTEE LAUDER
Tom Ford Beauty - Product Manager (Fragrance)
Permanent · Londres
ESTEE LAUDER
The Estée Lauder Companies - UK dc Warehouse Operative – Goods in (Tuesday-Friday 06:00 - 14:00 & Saturday 08:30 – 16:30)
Permanent · Fareham
AESOP
Retail Consultant | Full Time | Aesop Northcote Road, London
Permanent · London
AESOP
Retail Consultant | Part Time | Aesop Northcote Road, London
Permanent · London
AESOP
Retail Consultant | Full Time | Aesop Richmond, London
Permanent · Richmond
AESOP
Retail Consultant | Part Time | Aesop Richmond, London
Permanent · Richmond
BOOHOO GROUP
Warehouse Operative - 3on/3off - 14:00-02:00
Permanent · CRICK
COAST
Art Director
Permanent · LONDON
BERSHKA
General Manager - Bershka Blanchardstown
Permanent · DUBLIN
ZARA HOME
Zara Home White City - General Manager (Maternity Cover)
Permanent · LONDON
SELFRIDGES
Finance Systems Analyst
Permanent · LONDON
URBN
Urban Outfitters Performance Marketing Manager - London, UK
Permanent · LONDON
HARRODS
Senior Buyer's Clerk - Accessories
Permanent · LONDON
Ads
Published
Oct 23, 2014
Reading time
2 minutes
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Puig remains on track despite "difficult" year

Published
Oct 23, 2014

Despite a "complicated" year due to the decline of currencies in emerging markets, which Puig invested in during the first half, the company hopes to maintain stable results as compared with last year, according to the Spanish news agency EFE.

Marc Puig. Photo: Puig


That’s what Marc Puig, CEO of the Spanish fashion and perfumes group (Nina Ricci, Paco Rabanne, Jean Paul Gaultier, Carolina Herrera…), said during celebrations of Puig's centenary at the IESE business school. 

The executive also stressed that the opening of the group’s subsidiary in Saudi Arabia in January would go forward. As regards potential acquisitions, he explained that "there are no immediate plans."

Last year, the group - which has 4,200 employees and operations in 140 countries - generated 176 million euros in profits and a turnover of 1.49 billion euros. Puig is thus on track to reach its goal of becoming the world’s third largest selective perfumery group by 2020 with a 12% market share. 

Pedro Nueno, professor at IESE, for his part, presented a paper titled "Puig: the second century". The case study gives Puig four possible avenues for development: maintaining the current model by combining organic growth with acquisitions, strengthening its presence in the beauty industry by adding makeup and beauty care to perfumes, strengthening its presence in the fashion industry, or, finally focusing on perfumes while expanding in emerging markets such as the Middle East, China and Latin America. 

For Marc Puig, "none of these avenues should be avoided, but certain are better than for others"...

Copyright © 2022 FashionNetwork.com All rights reserved.