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GXO Renews Partnership with Dolce&Gabbana Beauty
Globenewswire· 2025-10-07 11:00
GXO's expertise in beauty logistics ensures efficiency and exceptional service, supporting Dolce&Gabbana Beauty’s exponential growth MILAN, Italy, Oct. 07, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced today that it has renewed its long-term partnership with Dolce&Gabbana Beauty. The agreement includes management of the client's new dedicated warehouse in Calvenzano (BG), Italy, including handling retail and wholesale orders fo ...
Puig Creates Deputy CEO Role
Yahoo Finance· 2025-09-09 16:40
Core Insights - Puig has appointed Jose Manuel Albesa as deputy chief executive officer, a newly created role overseeing all divisions, while he continues as president of beauty and fashion [1][2] - The appointment aims to reinforce the company's leadership structure in response to its significant growth and increasing complexity over the past two decades [3] Financial Performance - Puig reported a net profit of 275 million euros for the first half of the year, a 78.8 percent increase compared to the previous year, which was affected by extraordinary costs [3][4] - Adjusted net profit reached 247.3 million euros, reflecting a 3.9 percent increase, while sales for the same period totaled 2.3 billion euros, marking a 5.9 percent increase on a reported basis and a 7.6 percent rise in like-for-like terms [4] - The company anticipates net revenue growth in the range of 6 percent to 8 percent for 2025, although growth in the fragrance segment is expected to moderate in the second half of the year [5] Market Outlook - Puig's confidence in outperforming the premium beauty market is based on the strength and desirability of its brands [5] - The overall category growth for fragrances during the first half of the year is estimated to be in the mid-single-digit percentage range [6]