Skip to main content
BoF Logo

Agenda-setting intelligence, analysis and advice for the global fashion community.

Puig, Backers to Raise €2.6 Billion in Madrid IPO

Puig Brands SA kicked off its €2.6 billion ($2.8 billion) initial public offering, the largest in Europe so far this year, as the Spanish fragrance and cosmetics company seeks to capitalise on growing momentum in the region’s equity markets.
A collage of Charlotte Tilbury makeup, including eyeshadow, lipstick and blush.
Charlotte Tilbury owner Puig Brands SA kicked off its €2.6 billion ($2.8 billion) initial public offering. (Puig)

Puig and its founding family plan to sell Class B shares at €22 to €24.50 each, the Barcelona-based company said Thursday in a filing with the Spanish securities regulator.

Please sign in to ensure you can read our agenda-setting intelligence, analysis and advice. Or get in touch at support@businessoffashion.com if you experience difficulties.

In This Article

© 2026 The Business of Fashion. All rights reserved. For more information read our Terms & Conditions

More from Beauty
Analysis and advice on the fast-evolving beauty business.
view more
Latest News & Analysis
Unrivalled, world class journalism across fashion, luxury and beauty industries.

The Industry That Eats Its Young

Small fashion labels have always been shortchanged by their wholesale partners. A wave of high-profile bankruptcies has turned a structural injustice into an existential crisis. There is a better way to do business, writes Imran Amed.


The Zara-Fication of John Galliano

Fashion’s enfant terrible is trading exclusivity for the mass market. Is it the ultimate fashion coup, or the final surrender of prestige?


The Impact of War on Fashion’s Supply Chain

Textile hubs are already feeling the cascading risks of the conflict in Iran as Washington ramps up forced labour probes to revive tariffs, while decarbonisation in fashion’s factories might finally have a standard to go off of.


VIEW MORE
Agenda-setting intelligence, analysis and advice for the global fashion community.
CONNECT WITH US ON