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Puig records +11.6% like-for-like net revenue growth in Q3, outperforming the premium beauty .
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Fashion house Prada has named L'Oréal as the successor of its fragrance .Puig records +11.6% like-for-like net revenue growth in Q3, outperforming the premium beauty market. Read more. Fashion house Prada has named L'Oréal as the successor of its fragrance licence, after ending its partnership with Puig in 2018. The deal with the French brand owner will come into effect from 2021 and will see the Italian prestige company join L'Oréal’s luxe portfolio.
L’Oréal has signed a licensing deal with Prada that will see it manufacture luxury fragrances and beauty products under the Italian fashion house’s name. The agreement, which is subject to regulatory approval, is set to begin in January 2021. Prada has not renewed its perfume license with Puig, industry sources have said, the second mega fashion brand to part ways with the Spanish perfume company after Valentino ended its contract in May.
Prada S.p.A. signed with L'Oréal a long-term license agreement for the creation, development and distribution of luxury beauty products for the Prada brand. This agreement will allow the two companies to combine their expertise in each of their own sectors.
Wresting control of Prada’s perfume business from former licensee Puig took longer than expected, delaying the relaunch under L’Oréal. But Chapuy still waited for new perfumes to hit the market before stepping into the realms of skincare and colour cosmetics, which launched in August 2023. PARIS — Prada has decided not to continue its fragrance and beauty license with Puig, according to industry sources. While speculation of a split has been swirling for some time, as recently. Prada has not renewed its perfume license with Puig, industry sources have said, the second mega fashion brand to part ways with the Spanish perfume company after Valentino ended its contract in May. Puig had had, for instance, major fragrances licenses with Prada and Valentino that ended. The group then began focusing more on brands where it has control or ownership.
Puig has held Prada ’s fragrance and beauty license since 2003. “L’Oréal is the leading global beauty company.
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Puig records +11.6% like-for-like net revenue growth in Q3, outperforming the premium beauty market. Read more.
Fashion house Prada has named L'Oréal as the successor of its fragrance licence, after ending its partnership with Puig in 2018. The deal with the French brand owner will come into effect from 2021 and will see the Italian prestige company join L'Oréal’s luxe portfolio. L’Oréal has signed a licensing deal with Prada that will see it manufacture luxury fragrances and beauty products under the Italian fashion house’s name. The agreement, which is subject to regulatory approval, is set to begin in January 2021. Prada has not renewed its perfume license with Puig, industry sources have said, the second mega fashion brand to part ways with the Spanish perfume company after Valentino ended its contract in May.
Prada S.p.A. signed with L'Oréal a long-term license agreement for the creation, development and distribution of luxury beauty products for the Prada brand. This agreement will allow the two companies to combine their expertise in each of their own sectors.
Wresting control of Prada’s perfume business from former licensee Puig took longer than expected, delaying the relaunch under L’Oréal. But Chapuy still waited for new perfumes to hit the market before stepping into the realms of skincare and colour cosmetics, which launched in August 2023. PARIS — Prada has decided not to continue its fragrance and beauty license with Puig, according to industry sources. While speculation of a split has been swirling for some time, as recently. Prada has not renewed its perfume license with Puig, industry sources have said, the second mega fashion brand to part ways with the Spanish perfume company after Valentino ended its contract in May. Puig had had, for instance, major fragrances licenses with Prada and Valentino that ended. The group then began focusing more on brands where it has control or ownership.
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New Delhi | Updated: November 22, 2022 10:46 IST. Follow Us. One day before the opening ceremony of the 2022 FIFA World Cup, two of football’s biggest players, Cristiano Ronaldo and Lionel Messi, shared a picture that raked up millions of likes within hours of being posted.
prada fragrances puig|l oreal Prada deal
