perfume

The multinational Catalan fragrance company Puig has won its perfume imitation lawsuit against Saphir, a company from Zaragoza dedicated to commercialising imitations of known fragrances. The Trademark Court from Alicante found Saphire guilty of “unfair competition” and ordered the Zaragozan company to remove its products from the market and destroy them. Puig accused Saphir of selling brands called ‘Saphir’, ‘Caravan’ and ‘IAP’ specifying that they were imitations of Carolina Herrera, Paco Rabanne and Nina Ricci, international brands run by Puig.

The Catalan fashion and fragrance multinational Puig, which runs international brands such as Carolina Herrera, Nina Ricci, Paco Rabanne, Jean Paul Gaultier and Prada, has unveiled its new international headquarters, located in L'Hospitalet business district in Greater Barcelona. The tower has been designed by Rafael Moneo, who won the Pritzker Architecture Prize in 1996. The Catalan company has also presented its results for 2013, organising a press conference for the first time. Puig's turnover reached €1.499 billion last year, posting a net profit of €176 million, 2% more than in 2012. In addition, the multinational's CEO, Marc Puig, announced that the company aims to become the world's 3^rd largest luxury brand group by 2020. Currently it occupies 6^th position.

The Barcelona-based group had a turnover of €1.343 billion; 80% of it was generated in global markets. The Puig Group produces perfumes and beauty products for brands such as Carolina Herrera, Paco Rabanne, Prada, and Valentino. Over the last four years, Puig passed from a 5.1% global market share in 2007 to 7.6% in 2011.