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Spanish fashion and fragrance company Puig reported a 14.3 percent rise in fourth-quarter sales on Thursday, beating analyst expectations for the key holiday period.
The Barcelona-based company behind perfume brands Rabanne, Carolina Herrera and Jean Paul Gaultier said net sales for the three months to Dec. 31 were €1.36 billion ($1.42 billion), above the €1.30 billion average forecast from analysts polled by LSEG.
Puig, which generates most of its revenue from fragrance sales, is heavily…
