Puig seeks counsel from former Louis Vuitton CEO
After stepping down as chairman and CEO of Louis Vuitton in December 2012 (read our article), Jordi Constans is joining Puig as a consultant. The information was reported March 20 in the Spanish newspaper Expansion and confirmed by the Catalan fashion and perfume group.
Spaniard Jordi Constans’s arrival at Puig confirms the company’s desire to move more toward fashion, as indicated by the appointment in January 2012 of Ralph Toledano, the former president of Chloé. He was named to a newly created position as president of the fashion division (Jean Paul Gaultier and Nina Ricci brands).
In 2011, the group’s fashion-related sales jumped 31%, while sales for all segments totaled 1.3 billion euros, up 12%. Puig’s portfolio of fashion brands includes Herrera, Rabanne, Ricci and perfumes sold in 130 countries.
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