Puig ups funding in Colombia’s Loto del Sur
THE WHAT? Puig has introduced that it has elevated its funding in Colombian pure cosmetics model, Loto del Sur.
THE DETAILS The Spanish perfume firm will now personal a majority stake within the Latin American model. Phrases of the deal weren’t disclosed.
THE WHY? Puig stated that it’ll keep its dedication to spice up the model’s management within the Latin American market and bolster its worldwide development, increasing its presence within the area.