As explained by ElEconomista.es, Puig's valuation grows to 8,000 million in a scenario that is optimistic and hopeful for the luxury sector. Since the second half of 2023, Puig's IPO has been a loud cry, something that Marc Puig acknowledged in an interview with La Vanguardia.
In the absence of knowing the results obtained in 2023, which will be revealed in March, the company expects to continue growing, as it did in 2022, which doubled its profit figure compared to 2021.
Marc Puig stated that the IPO would be a decision of "discipline and rigour" in view of a future succession. As ElEconomista.es adds, the company hired the services of Goldman Sachs and JP Morgan to coordinate its IPO if it opted for the IPO and Puig would seek to have between 25% and 49% of its capital on the market.
Another recent move by the Catalan cosmetics and perfumery company has been the reorganisation of Puig Brands' administrators. This company was created last year in order to prepare the company's IPO. According to Modaes, Puig Brands revoked as proxy, director and vice-president of the company, which is now managed by Manuel Puig, as vice-president, and Josep Oliu, as director. As the media specialised in the fashion sector has been able to learn, this movement does not respond to any strategic action, simply "a restructuring process that the group is carrying out".