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Spotlight | Puig
Business is good for Catalan beauty giant in Russia

LogoSubscribers only By Léo Durin
2 min read Lire en français
In Moscow, Puig is expanding away from the spotlight and from Western sanctions.
In Moscow, Puig is expanding away from the spotlight and from Western sanctions. © Photomontage Glitz - Sources : Wikimedia, Byredo, Charlotte Tilbury, Jean Paul Gaultier, Rabanne
In Moscow, Puig is expanding away from the spotlight and from Western sanctions.
In Moscow, Puig is expanding away from the spotlight and from Western sanctions. © Photomontage Glitz - Sources : Wikimedia, Byredo, Charlotte Tilbury, Jean Paul Gaultier, Rabanne

The Puig group, which just acquired ISDIN for more than a billion euros, can count on a low-profile growth market: Russia. Glitz has gained access to the results of its Moscow-based subsidiary, whose sales and profits have soared since the start of the war in Ukraine, all in the utmost secrecy.

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