Spanish beauty giant Puig has now integrated the Jean Paul Gaultier fragrance line into its portfolio. Puig acquired a majority stake in the fashion brand in 2011, but the fragrance license remained with Shiseido’s Beaute Prestige International division until the end of 2015.Puig plans a new feminine launch in 2017, and according to a report on WWD, they plan to reduce the current Gaultier line up to Le Male and Classique.
Puig told WWD, “They still command the biggest shares of [Gaultier’s] sales, We will animate those brands in the first year in a way that we hope will excite consumers and retailers.
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from CPP-LUXURY http://www.cpp-luxury.com/puig-acquires-jean-paul-gaultier-fragrances-license-from-shiseido/?utm_source=rss&utm_medium=rss&utm_campaign=puig-acquires-jean-paul-gaultier-fragrances-license-from-shiseido
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