Spanish beauty and fashion company
@puig_official will progressively assume full ownership of
@charlottetilburyskincare by the start of 2031.
Puig acquired a majority stake in Charlotte Tilbury Ltd., a brand with a large digital footprint, in 2020 in a deal valued at an estimated 1.2 billon pounds. The namesake makeup artist meantime has maintained a minority share in her color cosmetics and skin care brand.
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Report:
@jenniferbethweil