Puig reports revenue growth driven by Asia-Pacific market

Puig reported a 2.4% increase in revenue for the first half of 2026, reaching 2.35 billion euros. Growth was primarily driven by the Asia-Pacific region, which saw a 17% increase in sales. The fragrance and fashion division, representing 73% of total revenue, was bolstered by double-digit growth from brands such as Carolina Herrera and niche fragrances like BYREDO.

The makeup division also showed strength with a 5.8% increase in revenue, supported by Charlotte Tilbury’s expansion in key markets. While the skincare sector saw modest growth, the company faced some headwinds from a weakening premium skincare market and currency fluctuations, specifically a weak US dollar which impacted revenue by 2.1%.

CEO Jose Manuel Albesa stated that the company achieved strong results across categories and regions, reflecting the strength of its brand portfolio. Despite geopolitical tensions in the Middle East causing some revenue loss, Puig maintained its full-year outlook, expecting to outpace the premium beauty market.