Rabanne Owner Puig Brands Posts Higher Sales Amid Fragrance Boom
Puig Brands PUIG 2.52%increase; green up pointing triangle, the owner of names including Rabanne and Jean Paul Gaultier, said its sales grew in the fourth quarter, helped by its core fragrance division and strong momentum in North America.
The Spanish group on Thursday reported revenue of 1.36 billion euros ($1.42 billion) for the last three months of 2024, around 14% higher than in the prior-year period. The result surpassed analysts' projections of €1.29 billion, according to a Visible Alpha poll of estimates.
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Trump says US doesn't have to meet NATO spending goal
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