Puig executive chairman Marc Puig told shareholders the company “is not for sale,” reaffirming the family’s commitment as long-term shareholders following the breakdown of merger talks with Estée Lauder. Puig said the discussions “did not result in a transaction” but reflected the company’s industry standing. CEO José Manuel Albesa, speaking at his first shareholders’ meeting since his appointment, said Puig has been the fastest-growing multi-brand premium beauty company over the past five years. He reiterated the company’s 2026 outlook and announced a Capital Markets Day on October 28 in Madrid.

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