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BPI affiliate will transfer brand to Puig in 2016.
February 6, 2015
By: Melissa Meisel
The Shiseido group started negotiation with Puig S.L. to sell IP rights of Jean Paul Gaultier (JPG) regarding fragrance products and its business, which an affiliate of Shiseido, Beaute Prestige International S.A. (BPI), has been managing. When Shiseido and Puig shall agree on the terms of the sale, and when the BPI work council consultation is completed, in accordance with French labor law, Shiseido will enter into an agreement with regard to the sale, targeting to transfer in January 2016. BP...
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