DMT Beauty Transformation
Daniela Morosini DMTBeautySpot featured

Puig Aims to Raise €2.5 Billion in IPO

April 08, 2024BruceDayne
Puig, the family-owned Spanish beauty conglomerate, announced plans for an initial public offering on the stock exchanges in Barcelona, Madrid, Bilbao and Valencia. The company owns 14 brands including Charlotte Tilbury, Paco Rabanne and Byredo, as well as a number of fragrance licences. The company hopes to raise €1.25 billion ($1.3 billion) through the first round of IPO, followed by a larger secondary sale that would bring the...

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Bloomberg DMTBeautySpot featured

Rolex CEO Says Comparing Watches to Stocks Is Dangerous

April 08, 2024BruceDayne
The head of Rolex SA said viewing luxury watches as investments is dangerous following a surge in interest from speculators during the pandemic. “I don’t like it when people compare watches with stocks. This sends the wrong message and is dangerous,” chief executive officer Jean-Frédéric Dufour said in a rare interview with Swiss newspaper NZZ ahead of the Watches and Wonders trade show which begins this week in...

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DMTBeautySpot featured Khareem Sudlow

A. Marchesan, Stockholm: Curated Period Menswear

April 08, 2024BruceDayne
A. Marchesan, Stockholm: Curated Period Menswear Share Share this post Subscribe 0 Comments Monday, April 8th 2024Tags: Coats Hats Jackets Suits A. Marchesan ||- Begin Content -|| By Manish Puri There’s not exactly a shortage of quality secondhand and vintage stores in Stockholm. Take a stroll along Hornsgatan for example - a busy road running through the Södermalm neighbourhood - and within just a few hundred metres you’ll...

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DMTBeautySpot featured Khareem Sudlow

Vulva Balms Are Going Viral ― And Doctors Have Thoughts

April 08, 2024BruceDayne
There are new products on the market that are once again aimed at women’s bodies. They’re “vulva balms” with names like VMagic, Revive-A Balm and Comfy Cream, and they’re popping up in the health and beauty space with increasing regularity. But even with the fun packaging and empowering marketing messages, are products to moisturize the vulva really necessary? We talked to several doctors, who fell into two clear...

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Bloomberg DMTBeautySpot featured

Spain’s Puig Is Said to Prepare IPO Filing as Soon as Monday

April 07, 2024BruceDayne
Spanish beauty and cosmetics company Puig Group SL is planning to announce its intention to hold an initial public offering as soon as this coming week, according to people familiar with the matter. The Barcelona-based, family-owned firm plans to file the so-called Intention to Float document as soon as April 8, the people said. Puig and its current shareholders aim to raise between €2 billion and €3 billion...

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Brian Baskin DMTBeautySpot featured

What Happens When Coachella Is Just Another Concert

April 07, 2024BruceDayne
Last month when Coachella tickets went on sale and did not immediately sell out, it touched off a bit of soul searching. The two-weekend music festival had, bit by bit and then all at once, built its identity as the influencer event of the year. Those tickets did eventually sell, but there was still a lingering fear among the selfie set: if 150,000 people showed up in the...

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