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27 Apr

Puig Joining the Sustainable Markets Initiative Task Force 

Puig Joining the Sustainable Markets Initiative Task Force 
PARIS —  Puig is joining the Sustainable Markets Initiative Task Force, a private-sector coalition geared toward accelerating the transition toward a more sustainable future. The SMI’s Fashion Task Force focuses on sustainable solutions in the worldwide fashion, textile and apparel sector.  Manuel Puig, vice chairman and chief sustainability officer at Puig, said in a press release released Thursday that the move is consistent with the group’s philosophy of making long-term value for business and for society.  “Today’s announcement is entirely aligned to our principles, and in joining the Sustainable Markets Initiatives Task Force, Puig is supporting the broader social and environmental progress that such initiatives can advance,” he said.  “Businesses like Puig have a significant role to play in helping address climate change...
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6 Oct

Puig Appoints Chief Communications Officer, A Newly Created Role

Puig Appoints Chief Communications Officer, A Newly Created Role
PARIS — Family-owned Spanish beauty and fashion company Puig has named Eugenia de la Torriente as its chief communications officer, a newly created position that became effective Oct. 1. De la Torriente is now accountable for the group’s internal and external communications, and reports to Marc Puig, Puig chairman and chief executive officer. De la Torriente was formerly managing editor of El País, where she oversaw the humanities, lifestyle and culture sections and supplements. Prior to that, she served as Vogue Spain and Harper Bazaar Spain’s editor in chief. De la Torriente penned “Puig, 100 Years of a Family Business,” which was published in 2014 by Assouline. “Eugenia brings 24 years of experience in journalism, image creation, storytelling, strategy and communication, in addition...
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14 Sep

Puig Acquires Majority Stake in Kama Ayurveda – WWD

Puig Acquires Majority Stake in Kama Ayurveda – WWD
PARIS – Puig has taken a controlling stake in Kama Ayurveda, India’s leading Ayurvedic beauty and wellness brand. Financial terms weren't disclosed. In 2019, the family-owned Spanish beauty and fashion company purchased a minority stake within the Indian beauty company, which was founded in 2002. “With this acquisition, Puig reaffirms its commitment to an organization and a market with vast growth opportunity in beauty and wellness products,” Puig said in an announcement on Wednesday. Kama Ayurveda’s offer is rooted in the standard Indian medical practice of Ayurveda, which relies on the balance between mind, body and soul for holistic wellness. Kama Ayurveda’s products are natural and organic. The corporate owns 54 stores in India and plans to operate greater than 60 by yearend. Puig said...
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