The company was founded in 1914 by Antonio Puig Castelló in Barcelona, Spain. Today the company is still managed by the Puig family. Puig markets its products in 130 countries and is directly present in 21 of them, employing 3964 people worldwide. Its turnover in 2012 reached 1488 million euros in net revenues and 173 million euros in net income. Both in the fashion and fragrances sector, Puig operates under the Carolina Herrera, Nina Ricci, and Paco Rabanne brands. In the fashion industry, it is also the majority shareholder of Jean Paul Gaultier. In perfumes it also operates under the license of the brands Comme des Garçons, Prada, and Valentino, amongst others.