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The beauty industry ended 2025 on firmer footing. Aggregate like-for-like sales across 14 major listed beauty divisions rose 4.5% in the fourth quarter, a clear acceleration from the 3.5% posted in Q3 and a marked improvement on the 0.6% recorded in the first half. The numbers signal a sector emerging from stagnation, though the recovery…

Puig reported full-year sales of €5.04bn for 2025, crossing the five-billion-euro threshold for the first time and growing 7.8% like-for-like. The company more than tripled its 2020 revenue at the end of the five-year plan launched in 2021. Net profit rose 11.9% to €594m , helped by the absence of the IPO-related costs that weighed…