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THE WHAT? Puig has introduced revenues in extra of €3,600 million for 2022, with internet revenue reaching €400 million.
THE DETAILS Revenues elevated by 40 % in comparison with 2021 whereas internet revenue grew by 71 %.
When it comes to classes, fragrances and vogue accounted for 74 %, make-up 17 % and skincare 9 %.
Geographically, EMEA made up 54 % of gross sales, Americas 36 %, whereas Asia was 10 %.
THE WHY? Puig is the newest luxurious home to report hovering outcomes, becoming a member of the likes of Hermès and Farfetch.
The sturdy 2022 figures have been attributed to Puig reinforcing its model portfolio by way of the acquisition of a majority stake within the Swedish luxurious model Byredo and the incorporation of the wellness manufacturers Kama Ayurveda and Loto del Sur.
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