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Commerce

Puig snags majority stake in Dr. Barbara Sturm skincare

January 12, 2024

The acquired company's eponymous founder will retain a minority stake in the brand. Image credit: Puig The acquired company's eponymous founder, the doctor herself, will retain a minority stake in the brand. Image credit: Puig

 

By Luxury Daily News Service

Spanish fashion and fragrance business Puig, the parent company of Carolina Herrera and Nina Ricci, is tapping into beauty's M&A movement.

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  1. Bulgari names Chinese actress Liu Yifei as newest global ambassador
  2. Exclusive Resorts purchases Inspirato for $59M
  3. For high-end fashion brands, wellness is the ultimate luxury
  4. Luxury Unfiltered: Why luxury must evolve from product to purpose to stay relevant
  5. Dior, Rizzoli to release book on Lady Art project
  6. Porsche cuts ribbon on esports facility in Cologne
  7. US remains world’s leading wealth market: Henley & Partners
  8. Lexus turns LX into full-service glam suite for experiential activation series
  9. Can luxury brands balance AI use with heritage and sustainability goals?
  10. Bergdorf Goodman unveils vibrant holiday window displays
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