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Dr. Barbara Sturm, who founded the eponymous brand in 2014, will retain a minority stake and continue serving as Chief Product Development Officer, per the company press release.
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The Spanish company, which has said it is evaluating listing its shares publicly, said founder Dr. Barbara Sturm will retain a minority stake in the skin and hair care maker, which was founded in.
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11 January 2024. Spanish beauty and fashion conglomerate Puig has acquired a majority stake in German premium skincare brand Dr. Barbara Sturm, bolstering the group's position in the luxury skincare market. Financial terms of the deal were not disclosed, but sources close to the company say retail sales reached $150 million in 2023.
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Dr. Barbara Sturm is a globally renowned German doctor, aesthetics expert and anti-inflammatory pioneer with a background in orthopedic research. Dr. Sturm studied Medicine and Sports at the Heinrich Heine University in Düsseldorf before beginning her medical career in orthopedics. In 2002, Dr. Sturm translated the science from her clinical.
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Jan 11, 2024 • 3 min read. Spanish beauty conglomerate Puig has acquired a majority stake in luxury skin-care brand Dr. Barbara Sturm. While terms of the deal were not disclosed, WWD previously reported that Dr. Barbara Sturm's annual sales were around $77 million. Puig has been one of the newer strategic acquirers in recent years, building.
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En este caso, en el de cuidado de la piel, con la adquisición de una participación mayoritaria de la firma alemana Dr. Barbara Sturm, fundada en 2014 por la doctora del mismo nombre, y que se.
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About Dr. Barbara Sturm Dr. Barbara Sturm is a globally renowned German doctor, aesthetics expert and anti-inflammatory pioneer with a background in orthopedic research. Dr. Sturm studied Medicine and Sports at the Heinrich Heine University in Düsseldorf before beginning her medical career in orthopedics. She worked as part
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She's treated Gwyneth Paltrow, Angela Bassett and at least one Hadid. How Dr. Barbara Sturm, 47, has grown her skincare business 300 percent over the last two years—entirely on word of mouth.
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Dr. Barbara Sturm created a full anti-inflammatory collection, and has seven spas and boutiques worldwide, including in London, New York, Miami, and Los Angeles. Some of its products have featured.
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January 11, 2024 Photo: Courtesy of Puig To receive the Vogue Business newsletter, sign up here. What's happened Spanish conglomerate Puig, owner of brands including Rabanne, Carolina Herrera and Charlotte Tilbury, has acquired fast-growing German skincare brand Dr Barbara Sturm for an undisclosed amount.
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Markets today. MADRID, Jan 11 (Reuters) - Cosmetics maker Puig has bought a majority stake in German skincare brand Dr. Barbara Sturm for an undisclosed sum, the family owned Spanish company said.
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Puig has announced it is acquiring a majority stake Dr. Barbara Sturm, which offers an exclusive portfolio of products spanning skin care, body and hair care and supplements.. Founder Dr. Barbara Sturm will retain a minority stake and continue leading the brand 's product development as chief product development officer and brand ambassador.