Tag: beauty examples

Puig exceeds EUR 4,300 million in revenues 2023Puig exceeds EUR 4,300 million in revenues 2023

The Spanish beauty giant [1] closed 2023 with record net revenues of 4,304 million euros, an increase of 19% on 2022 (also +19% comparable perimeter and with constant exchange rates), with double-digit growth across all segments and geographies. These results are significantly ahead of the company’s plan, established in 2021, to reach 3,000 billion euros in revenues in 2023. Net profit rose to 465 million euros, up 16% compared to the previous year. Puig grows in all segments (fragrances and fashion, makeup, skincare), with double-digit revenue growth vs 2022, ahead of the market average. Rabanne… [...]

Germany launches major subsidy scheme for greener industryGermany launches major subsidy scheme for greener industry

Germany on Tuesday launched what it called “an innovative” multi-billion-euro subsidy scheme aimed at turbocharging investments that will make industrial production in Europe’s top economy more climate friendly. Energy Minister Robert Habeck said four billion euros ($4.4 billion) would be up for grabs in the first round of the programwith companies in energy-intensive sectors like glass, steel and papers-making invited to submit proposals for green technology projects that will slash their emissions. “We are the first industrial country to introduce this,” Habeck told a press conference, calling the scheme “an innovate, new instrument” that would cut red tape, boost technological… [...]