Puig closed the first nine months of the year with revenue of 3.596 billion euros, up 7% like-for-like (at constant scope and exchange rates, LFL) and 4.9% higher on a reported basis than in the same period a year earlier.
In the third quarter, sales were 1.297 billion euros, up 6.1% LFL and 3.2% on a reported basis, the company said in a statement filed on Thursday with Spain’s National Securities Market Commission (CNMV).
The company’s executive chairman, Marc Puig, said it was a solid quarter “supported by sustained growth across all business segments and by the strength” of the brands.
“We face the Christmas campaign with full confidence, thanks to our strong execution capabilities, disciplined management and notable launches such as ‘La Bomba’ by Carolina Herrera,” he added.
The premium beauty company noted that the results for the period show “consistent execution and strong resilience across all categories”, which have enabled it to offset the slowdown in the fragrance market and the impact of exchange rates.
Separately, Puig said it will hold its Capital Markets Day on 16 and 17 April 2026.
The company also stressed that the increased visibility after the “sell-in” of the Christmas campaign allows it to reaffirm its LFL sales growth outlook for this year in the range of 6% to 8%.
“The company expects growth to be around the middle of that range,” the firm added, reiterating expectations for expansion of the adjusted EBITDA margin, in line with the improvement recorded in 2024.
The company said this outlook reflects confidence in its execution capabilities and the strength of its brands, alongside a resilient performance across all its divisions.
By segment, fragrances and fashion generated sales of 2.617 billion euros, up 6.4% LFL and accounting for 73% of the total.
In the third quarter, it posted sales of 932 million euros, up 2.8%, “reflecting the expected moderation in global fragrance markets and the impact of exchange rates”.
Make-up closed the period with revenue of 569 million euros, up 8.3%, and in the third quarter posted sales of 230 million euros, up 18.8%, “driven by continued innovation, the sustained success of Charlotte Tilbury and the strong performance of the retail channel, as well as integration with Amazon in the United States”.
Lastly, skincare posted revenue of 410 million euros, up 9.2% through September, and 135 million euros in the third quarter, up 10.5%.
By region, EMEA represented 53% of Puig’s sales, with 1.898 billion euros, up 3.9% through September, and 699 million euros, up 4.2%, in the third quarter.
The Americas accounted for 37%, with 1,331 million euros (up 7.8%) through September, and 464 million euros (up 2.3%) in the third quarter.
Finally, Asia-Pacific “maintained its solid performance”, with sales of 368 million euros through September, up 23%, and 134 million euros in the third quarter, up 35.8%, with the company noting that it is the fastest-growing region.
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Nike Inc.’s top executive in Greater China, Angela Dong, is stepping down as the sportswear company looks to reverse a sales decline in the market.
Angela Dong – Nike
Dong will leave Nike on March 31, the company said in a statement. She’ll be replaced by Cathy Sparks who was previously leading the Asia Pacific and Latin America division. Nike also announced changes for the leadership of the Europe Middle East and Africa division.
The leadership changes suggest Nike is looking at a new strategy for Greater China. Chief Executive Officer Elliott Hill has recaptured some of Nike’s momentum since taking over, but China remains a key challenge, with sales plunging 17% in the latest quarter.
He said in December that China is “at the top” of the company’s list of priorities, and stressed the company needs to move faster.
Nike shares fell less than 1% in extended trading in New York. The stock fell 16% last year, the fourth consecutive annual decline.
Maybelline New York has named Chinese boy group Teens in Times (TNT) as its newest brand ambassadors and global partners.
Maybelline names Teens in Times (TNT)asbrand ambassadors and global partners. – Maybelline New York
In this role, TNT will front upcoming campaigns in China while also participating in broader brand initiatives, underscoring the universal appeal of Maybelline New York’s hero product lines beyond regional markets.
The appointment comes as Maybelline New York continues to accelerate its digital-first, youth-focused strategy on a global scale.
By welcoming TNT into the brand’s ambassador roster, Maybelline aims to inspire a new generation of beauty consumers to embrace individuality through high-performance, trend-setting products.
“Known for their exceptional talent, relentless work ethic, and authentic connection with their audience, TNT embodies the core values of Maybelline New York: self-expression, confidence, and the courage to “make it happen,”” the cosmetics company said in a statement.
Louis Vuitton has always been about hyper-savvy brand connections, all the way to its latest show whose centerpoint was a beautiful modernist architectural set.
Louis Vuitton fall/winter 2026 collection – FashionNetwori.com
From Bauhaus to Drophaus, the term Vuitton’s menswear creative director Pharrell Williams used to describe this elegant apartment, made in collaboration with the architectural firm Not A Hotel: a prefabricated house concept envisioned as a timeless space for future living. Think a blend of midcentury modern-meets-Joseph Dirand.
An ideal setting for this expression of modernist mode by Williams, which opened Paris Fashion Week Men’s at the Louis Vuitton Foundation on a wet Tuesday night in Paris. And don’t be surprised if some of the furniture Pharrell designed for this model home turns up in the hotel Louis Vuitton is said to be building on the Champs-Élysées.
A raised model home built inside a plywood crate the size of a small stadium, on which was stencilled in half-meter high letters “Louis Vuitton Fall-Winter 26 Men’s Collection”.
An ideal Instagram backdrop for hundreds of guests, or micro and mega influencers. Many of whom where sat front row wearing the hand-made, caramel-colored Babouche slippers Williams kindly sent as a gift with his formal invitation.
A huge show backed up by a gospel choir attired in black professors’ gowns at one end, facing a full orchestra at the other.
Louis Vuitton fall/winter 2026 collection – FashionNetwork.com
Without question, the most commercially minded yet also timeless of Pharrell’s five shows so far for the house, focused on crisp, cohesive tailoring. Opening with classic six-button jackets and the flared pants that Pharrell favors, many composed in new LV technical fabrics reflective under light.
Though the heart of the matter was the travel-wear: natty crinkly jerkins so one never needs to fear coming off a long-haul flight with a crumpled look. Padded urban ski jackets with fur-trimmed hood, or chambray shell jackets for a little dash.
One also had to love the splendid ankle-brazing gents coats, finished with matching woollen bows, or vicuna zippered and pocketed sweatshirts. Above all, the American designer toned way down the streetwear, and concentrated on contemporary tailoring, and casual chic, albeit never too quiet but rippling with panache.
In accessories, a fab’ new series of monogram backpacks, elongated and finished with extra micro pockets should be huge hits. Many boasting cuddly fox companions that looked like must-have ornaments.
And, of course, it would not be a Pharrell Vuitton show without a few mammoth trunks. Two standouts this season were an uncanny light-filled, stained-glass-window version of a Tiffany lamp, followed by a beautifully made intarsia vista of Pont Alexandre III and the Eiffel Tower.
Louis Vuitton fall/winter 2026 collection – FashionNetwork.com
All of which won Pharrell a huge ovation – led by a powerhouse front row that included First Lady Brigitte Macron; “Adolescence” protagonist Stephen Graham; it-guy Djo; and crooner, John Legend.
Williams took a leisurely bow, backed up by a soundtrack he produced at the Louis Vuitton in-house recording studios. It included compositions like Pray For Ya by John Legend; Sex God by Jackson Wang (feat. Pusha T); Disturbing The P by A$AP Rocky (feat. Pharrell Williams); and The One by Voices of Fire (feat. Pharrell Williams) and Hit-A-Lik by Quavo.
In a word, another hit show, and collection, by Williams. Not bad going for what is technically his night job.