A strong first half

Puig has reported a strong first half in its 2026 financial year, with revenues up 4.4% to €2.3bn as fragrance demand for Caroline Herrera drove sales. The Spanish beauty conglomerate, which has since terminated its talks with the Estée Lauder Companies over a potential merger, also recorded adjusted net profit of €26m in H1 2026. — Read more in Puig revenue up 4.4% in H1 2026 thanks to fragrance demand at Cosmetics Business. Fragrance and fashion sales, the lion’s share of the business, grew 3.7% on a like-for-like basis to €819 million, notably driven by both prestige and niche fragrances. The prestige segment benefited from double-digit growth at Carolina Herrera, fueled by the successful launch of La Bomba in 2025. The niche segment also delivered double-digit growth, led by strong performances from Byredo and Dries Van Noten. — Read more in Puig Revenues Climb 4.1% in the Second Quarter at Vogue Business.