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PUIG PUIG SIGNS A JOINT VENTURE AGREEMENT WITH LUXASIA

Luxasia

Puig recently signed a joint venture agreement with Luxasia, the leading prestige, omnichannel, beauty distribution and retail company in Asia. The joint venture commenced operations on February 1, 2017 and covers selected South East Asian markets such as Singapore and Malaysia.

Marc Puig, Chairman and CEO, commented: “The joint venture between Puig and Luxasia is an important step towards accelerating the development of our brands in Asia. We are delighted to bring our relationship to the next level and look forward to a successful partnership”.

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