Jean Pail Gaultier owner buys perfume license

Puig acquires Jean Paul Gaultier fragrances license back from Shiseido.

The Spanish beauty company Puig has integrated the Jean Paul Gaultier fragrance line into its portfolio.

Puig acquired a majority stake in Gaultier in 2011, but the fragrance license remained with Shiseido’s Beaute Prestige International division until the end of 2015.