There are developments in the beauty, cosmetics, and perfume sector. The Catalan company Puig Brands confirmed tonight that it is in talks with the American company Estée Lauder, also majority-owned by the family. In a statement to the Spanish National Securities Market Commission (CNMV), the group controlled by the Puig family acknowledged that these negotiations are taking place, as previously reported by [the Spanish news outlet]. Financial TimesIn the same statement, the multinational—which owns brands such as Paco Rabanne, Nina Ricci, Jean Paul Gaultier, Byredo, Charlotte Tilbury, and Carolina Herrera, among others—adds that the talks are focused on "a possible combination of businesses with The Estée Lauder Companies Inc." In any case, they assure that "no final decision has been made nor has any agreement been reached." And they add that "until there is an agreement, there is no guarantee that a transaction will take place, nor its terms." The Wall Street Journal Information has emerged about the operation, which would create a cosmetics giant valued at over €30 billion. Following news of the talks, shares of the US firm fell by more than 8% on the stock market. Estée Lauder is larger than Puig Brands, which also has a portion of its capital publicly traded. The US group's value is around $30 billion – it fell to $28 billion on Monday – while Estée Lauder's is valued at approximately $9 billion. IPO

The Catalan group, which debuted on the stock exchange on May 3, 2024, launched at €24.50 per share, a price it has not yet recovered. This Monday, it closed at €15.57, up 3.59%. The family that owns the Catalan multinational, with a 112-year history, retained more than 90% of the voting rights despite its IPO. In 2025, Puig reported net revenues of €5.042 billion, a 5.3% increase, and profits of €594 million, an 11.9% increase.

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During the height of the Christmas season, social media is flooded with advertisements for gift products. In a market saturated with empty promises, local brands like Sibari Republic, which focus on delivering real, measurable, and visible results, have risen to the top, establishing themselves as the most popular choice for consumers' daily care. Itziar Beitia, head of Sibari Republic, explains what lies behind this local brand that takes the Christmas season by storm with its product offerings that deliver unparalleled effectiveness, achieving sales of one serum per minute in cities like Bilbao.

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The center of Barcelona is full of nail salons, some even just a few meters away from each other, but it's always necessary to make an appointment in advance to ensure a shot, as there's high demand. Just a few blocks from the Sagrada Família, more than a dozen are gathered, and most have customers queuing to be served. As of this week, these shops are no longer allowed to use two products that the European Union (EU) considers toxic and that are present in some semi-permanent nail polishes. Even so, the ban on these chemicals seems to have gone unnoticed by workers and users of some salons in the Catalan capital. Whether because the shop already used non-toxic nail polishes or because they pretend to feel like it's raining, the change in regulations hasn't prevented manicurists' schedules from continuing to be packed, regardless of the products they use.

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The Ministry of Health, through the AEMPS (Spanish Agency for Medicines and Health Products), has ordered the immediate recall of all batches of cosmetic products from the brands Pirinherbsan, Fontdeblanc, Mythological, and ExtrAroma. The Barcelona-based company Global Comarcos SL manufactured these cosmetics in facilities that did not comply with legal requirements and without a declaration of compliance with its manufacturing activity.

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