Cosmetics and fragrances
Founded in Spain in 1914, today Puig's products are distributed in more than 130 countries. Makes Prada fragrances under licence.
This company appears on PETA's (People for the Ethical Treatment of Animals, USA) 'Companies That Do Test On Animals' list, signifying that they manufacture products that are tested on animals at some stage of development.
[Source 2016][More on Animal Testing]
In 2016 Greenpeace East Asia ranked the world's 30 biggest personal care companies on their commitment to eliminating microbeads from their personal care products. The scorecard was based on four main criteria: commitment & transparency, definition, deadline and global application. This company ranked towards the bottom of the scorecard. Microbeads are not retained by wastewater treatment and end up in the ocean where they are a threat to the marine environment.
[Source 2016][More on Oceans]
Skin Deep is an online safety guide to cosmetics and personal care products, with over 54,000 products rated from 0 (low concern) to 10 (higher concern).
[Source 2016][More on Product Safety]
In 2010 personal care giants Sara Lee, Puig and Colgate-Palmolive were fined 8m euros by Spanish competition authorities for price fixing. Spain's National Competition Commission (CNC) claimed that the cartel agreement that had been in existence since 2005 was relating to disguising a price increase of more than 15 per cent on certain bath and shower gel products. [Listed under Information due to age of court finding]
[Source 2010][More on Governance]
|Company Structure||Private company|
|Revenue||US$1.6 billion in 2010|
|Subsidiaries||Jean Paul Gaultier (60% owned)|
|Address||Barcelona , Spain|