The Spanish fashion and beauty group is honouring its roots with a new launch. Puig has unveiled Colonias Absolutas, a collection of fragrances that pays tribute to its founder, Antonio Puig, and the group’s family heritage. Inspired by Mediterranean olfactory culture, the collection reinterprets the essence of eaux de cologne through a contemporary lens.
The fragrances are now available on the company’s online platform. – Puig
“We thought it was honest and right to stay true to our origins and honour what we have inherited,” said Manuel Puig, vice-chairman and a third-generation family member.
The concept is based on the premise of a return to essentials. “The idea was not to make it a fashion product… What matters is the emotion it evokes,” added Jean-Claude Ellena, the master perfumer behind the creation.
The collection, comprising four signature colognes created by Ellena, is now available through the company’s e-commerce platform, priced at €180 per bottle. Each fragrance comes in a bottle inspired by Balearic jars, a design originally created by André Ricard in 1962, and is housed in a terracotta-coloured case that evokes the earth and Mediterranean warmth.
One of the collection’s standout fragrances is a reinterpretation of the classic Agua Brava, which retains its aromatic character while evolving towards more woody notes, while Agua Lavanda Iris revisits the historic 1940 launch, combining lavender with iris. Agua Noble is inspired by a conversation between Ellena and Puig and evokes Andalusian leather with hints of citrus and white musk. Finally, Agua Mediterránea is presented as an entirely new creation, centred on the fig leaf as a symbol of the Mediterranean, alongside mastic, wild mint and cedar.
Founded in Barcelona in 1914, the family-owned company, which spans fashion, fragrances, make-up and skincare, is present in more than 150 countries and has its own offices in 32 markets.
In its 2024 financial year, Puig posted record net revenue of €4.79 billion, up 11.3% on the previous year. Continuing this trend, the company’s net sales reached €2.299 billion in the first half, representing an increase of 7.6% on a like-for-like basis (LFL, at constant scope and exchange rates) and 5.9% in reported terms, outpacing the premium beauty market.
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Barcelona-based fashion giant Mango reaffirms its commitment to sustainability. The business has announced a collaboration with TextileGenesis, the leading traceability platform for the textile and fashion industry, to guarantee the traceability of its natural, synthetic, and cellulosic fibres, as well as leather, from source to finished product. The alliance will enable the company to ensure a transparent and digitised value chain.
Barcelona-based Mango has announced an alliance with the traceability platform TextileGenesis. – Mango
“Achieving this level of transparency poses a significant challenge for brands like Mango, due to the complexity of their global supply chains,” explained TextileGenesis CEO Amit Gautam, stressing that the platform “makes it possible to provide verifiable, detailed information at every stage of production, helping the company to meet its sustainability goals.”
Through this new partnership, Mango aims to strengthen its commitment to circularity, addressing challenges associated with tighter regulation and rising consumer expectations regarding sustainability and ethical practices. Since an initial pilot launched in 2023, the collaboration with the Dutch platform has enabled the Barcelona-based company to digitally map more than 6,000 tonnes of sustainable fibres and 40 million finished products, involving over 1,000 supply chain stakeholders across 23 countries.
Founded in 1984 by Isak Andic, the Catalan company operates in more than 120 markets through a retail network of over 2,800 stores. In the first half of the current financial year, Mango posted turnover of €1.728 billion, up 12% on the previous year. Looking ahead, the company expects to end 2026 with €4 billion in sales and 500 additional points of sale, both domestically and internationally.
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Mall giant Unibail-Rodamco-Westfield (URW) has won two awards at the European retail real estate show MAPIC, held annually in Cannes, France.
Westfield
Westfield London was named ‘Most Influential Retail Property Project’ of the past 30 years, and was joined by Westfield Hamburg-Überseequartier which won ‘Best Urban Regeneration Project’.
The operator noted Westfield London is Europe’s largest shopping/dining/entertainment destination, combining more than 460 stores and “has been a catalyst for more than £8 billion of inward investment to the local area and attracted more than half a billion visitors since its opening, generating around £18 billion in sales and thousands of jobs for the local community”.
Anne-Sophie Sancerre, Chief Customer and Retail Officer, URW, said: “These two awards are a powerful celebration of URW’s dedication to the incredible customer experience we create at our destinations, and the impact we have in the communities we serve.
“From pioneering first to market retailers, local heroes and the best flagship outposts of major brands, Westfield centres are a unique combination of the best of the retail industry.
“That retail curation paired with immersive experiences and activations, exceptional customer services and our commitment to creating sustainable places, continues to shape the future of our industry while allowing us to grow our platform of Westfield-branded destinations in the world’s most dynamic cities.”
US trade officials met with representatives from Switzerland this week and are having discussions with trade officials from Mexico, Central America, and others in the Western Hemisphere, US Trade Representative Jamieson Greer said on Thursday.
U.S. Trade Representative Jamieson Greer is interviewed by a TV network at the White House in Washington, D.C., U.S., October 30, 2025 – REUTERS/Kylie Cooper
Greer told Fox Business Network’s “Mornings with Maria” that a potential deal with Switzerland could boost manufacturing in the US, noting that Swiss companies were “quite eager” to invest in sectors such as pharmaceuticals, aircraft, aircraft parts and even gold smelting.
“So we’re in close conversations with the Swiss,” he said, noting that he had met with a delegation of Swiss companies that had met with US President Donald Trump at the White House on Tuesday. Greer said discussions with Switzerland had been ongoing for several weeks.
The group included executives from shipping company MSC, watchmaker Rolex, investment firm Partners Group, commodities trader Mercuria, Cartier-owner Richemont and precious metals firm MKS.
Switzerland has been scrambling to secure a trade agreement with Trump that could reduce the 39% tariff rate that he slapped on Swiss imports in August, among the highest duties levied in his global trade reset.
Greer said he was also having discussions with trading partners in the Western Hemisphere including in Central America as well as Mexico, adding that Trump’s trade strategy was continuing to take shape.
“You saw it last week in Asia as he struck deals with a number of Southeast Asian countries and East Asian countries. You’ll see it again this month in the Western Hemisphere and elsewhere,” he said, without providing any further details.
Greer’s office on Thursday changed the dates of a hearing on the US-Mexico-Canada trade agreement to December 3 to 5 from the initial date of November 17.