Gaultier From Hermegrave;s to Puig
Spanish fragrance company Puig purchased a 45 percent stake in the Jean Paul Gaultier brand from French luxury house Hermegrave;s. Puig’s portfolio of brands includes Carolina Herrera, Nina Ricci and Paco Rabanne. The Spanish company also purchased shares from designer Jean Paul Gaultier, gaining a controlling stake in the designer’s business.
