Company News, Financial News

Puig Achieves Net Revenues of €2.5 Billion in 2021

Revenues increased by 68% compared to 2020 and 27% compared to 2019.

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By: Lianna Albrizio

Associate Editor

Puig, a leader in unique beauty and fashion, achieved net revenues of €2.5 billion (approximately in 2021 $2.6), representing an increase of 68% compared to 2020, and 27% compared to 2019.    The incorporation of the Derma division and Charlotte Tilbury as part of the Puig operation contributed to this growth, according to the company. On a like-for-like basis, the company purports that sales growth would have been 40% in 2021 had the Charlotte Tilbury division and the Derma division, wi...

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