Wednesday, 4 May 2011

Puig announced as majority shareholder of Jean Paul Gaultier

Puig has been announced as the majority shareholder in the John Paul Gaultier company. Jean Paul Gaultier, the reference shareholder, will continue to take responsibility for the creative activities and image of the company that bears his name. Manuel Puig, Vice Chairman of Puig and President of Nina Ricci, will be the new President of the Jean Paul Gaultier fashion house.
Marc Puig, Chairman and CEO of Puig, states : “We are very proud to take up the baton from Herm├Ęs in the development of the Jean Paul Gaultier fashion house, a brand with such great creativity. Our entrance within the capital structure of this emblematic fashion house reinforces our strategic commitment to strengthening our group’s fashion activity alongside the brands Carolina Herrera, Nina Ricci and Paco Rabanne, and to continuing to develop it in the future.”