![The acquired company's eponymous founder will retain a minority stake in the brand. Image credit: Puig](https://cache.luxurydaily.com/wp-content/uploads/2024/01/puig-011224.jpeg)
Spanish fashion and fragrance business Puig, the parent company of Carolina Herrera and Nina Ricci, is tapping into beauty's M&A movement.
Spanish fashion and fragrance business Puig, the parent company of Carolina Herrera and Nina Ricci, is tapping into beauty's M&A movement.