THE WHAT? Puig delivered €2.3 billion in web income for the primary half of 2025, with like-for-like (LFL) progress of seven.6%, pushed by positive factors in Asia-Pacific and a rebound in its make-up section.
THE DETAILS For the six months ended June 30, 2025, Puig posted €2.3 billion in web income, up 7.6% on a like-for-like foundation and 5.9% reported, with forex headwinds decreasing general progress by 1.7%. Income for Q2 got here in at €1.1 billion, reflecting 7.7% LFL progress and three.9% reported progress.
The Perfume and Trend section, accounting for 73% of gross sales, grew 8.6% LFL in H1. Make-up, which had beforehand struggled, returned to progress with a ten.5% LFL enhance in Q2, led by new launches from Charlotte Tilbury. Skincare additionally carried out strongly, up 10.2% LFL in Q2, with Uriage driving the section.
Geographically, Asia-Pacific was the fastest-growing area, with Q2 LFL gross sales up 19.5%. The Americas adopted with 10% progress, whereas EMEA reported modest positive factors at 3.5%.
The quarter additionally noticed the pre-launch of Carolina Herrera’s La Bomba perfume and continued progress in Puig’s area of interest portfolio, significantly Byredo.
THE WHY? Regardless of a softer FX surroundings, Puig’s diversified model portfolio and regional unfold allowed it to keep up sturdy progress throughout classes. The corporate’s efficiency in APAC and the rebound in make-up point out momentum in key client markets, whilst general market progress in perfume begins to normalise.
Supply: Puig
