Shares in owner of make-up company Charlotte Tilbury lose their early shine on stock market debut
By City & Finance Reporter
Updated:
Slow start: Kate Moss showcases the brand’s new lipstick
Shares in the owner of make-up company Charlotte Tilbury lost their early shine on its stock market debut yesterday.
Barcelona-based Puig Brands – which also owns Carolina Herrera and Jean Paul Gaultier – listed at €24.50 a share in Madrid.
That gave the group at value of £11billion in the biggest stock market float in Europe so far this year.
The shares rose as high as €26.50 in early trading before closing back at €24.50.
Charlotte Tilbury, 51, set up her firm in 2013 and sold a majority stake to Puig in 2020.
She recently launched a campaign fronted by long-time friend and supermodel Kate Moss to showcase the brand’s new lipstick.
Share or comment on this article:
Shares in owner of make-up company Charlotte Tilbury lose their early shine on stock market debut
Some links in this article may be affiliate links. If you click on them we may earn a small commission. That helps us fund This Is Money, and keep it free to use. We do not write articles to promote products. We do not allow any commercial relationship to affect our editorial independence.
Denial of responsibility! Yours Bulletin is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@yoursbulletin.com. The content will be deleted within 24 hours.
