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Jean Paul Gaultier SAS
Company typeSociété par actions simplifiée
IndustryFashion
Founded16 October 1982; 42 years ago (1982-10-16) in Paris, France
FounderJean Paul Gaultier
Headquarters65/67 Avenue des Champs-Élysées,
Paris
,
France
Products
Owner
Websitejeanpaulgaultier.com
Footnotes / references
[1]

Jean Paul Gaultier SAS is a French luxury fashion house founded in 1982 by Jean Paul Gaultier. It focuses on men's and women's high fashion and ready-to-wear clothes, luxury goods and accessories. Spanish company Puig maintains a majority stake in the company, which it acquired from French fashion house Hermès in 2011.

History

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Early history

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1999–2011: Hermès partnership

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Described as "a love match rather than a business arrangement", French fashion house Hermès announced that it would purchase a 35-percent stake in Jean Paul Gaultier on 9 July 1999. Under this agreement, Hermès would facilitate an "integrated distribution strategy" for Jean Paul Gaultier, including an investment of US$23,000,000 (equivalent to $42,067,119 in 2023) and opening of 15 brand boutiques internationally.[2] Hermès increased its stake to 45-percent in 2008.[3]

2011–present: Puig partnership

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Hermès confirmed that it was looking to sell its 45-percent stake in Jean Paul Gaultier on 1 April 2011. Spanish company Puig announced that it was in discussion with Hermès on 4 April, followed by an offer from Shiseido and Fung Capital on 13 April. Puig agreed to purchase the stake from Hermès on 4 May, with Gaultier himself stating that "they know what they want to achieve and they are buying Gaultier for Gaultier, not to turn it into something else" and that "sometimes [business partnerships] go on until you die, and sometimes you find a new love. It's a good thing – to move on to a new adventure".[4]

Jean Paul Gaultier exited ready-to-wear following its spring 2015 collection, instead focusing on its haute couture and perfume businesses.[5]

Gaultier himself retired following his 50th-anniversary haute couture show during Paris Fashion Week in January 2020.[6]

Jean Paul Gaultier launched its first ready-to-wear collection since spring 2015, on 28 May 2021.[7]

Corporate identity

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Products

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Fragrance

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Jean Paul Gaultier fragrances have been licensed by Puig since 1 January 2016, and were previously licensed by Shiseido subsidiary Beauté Prestige International from 1991 through 31 December 2015. The BPI license was originally negotiated through 30 June 2016;[8] however, Puig acquired the license for $79.2 million and paid $22.6 million for the early termination of the license.[9] With this purchase, Puig now holds control of both the fashion and fragrance divisions of the Jean Paul Gaultier brand.[10] The 1993 women's oriental floral Classique and the 1995 men's oriental fougere Le Male have been described by the brand as "flagship" products that "represent all the Jean Paul Gaultier values".[11] Le Male was the top-selling men's fragrance in the European Union in 2012, and holds a strong market position in Australia and the United States.[12]

The fragrance house includes women's, men's, and unisex fragrances; a number of flanker fragrances have been released for each line.[13] As of May 2020, the Classique,[14] Le Male,[15] and Scandal lines are in production.[16]

Women's fragrance lines
  • Fragile (2000)
    • Fragile Eau de Toilette (2001)
  • Ma Dame (2008)
    • Ma Dame Eau Fraiche (2009)
    • Ma Dame Rose 'n Roll (2009)
    • Ma Dame Eau de Parfum (2010)
    • Ma Dame Eau Fraiche Summer 2010
    • Ma Dame It (2011)
  • Scandal (2017)
    • Scandal by Night (2018)
    • Scandal a Paris (2019)
    • So Scandal! (2020)
Men's fragrance lines
  • Monsieur (2008)
  • Kokorico (2011)
    • Kokorico by Night (2012)
  • Scandal pour Homme (2021)
Unisex fragrance lines
  • Gaultier² (2005)
    • Gaultier² Eau d'Amour (2008)

Stores

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See also

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References

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  1. ^ "Jean Paul Gaultier SAS – Company Profile and News". Bloomberg Markets. Retrieved 2 June 2021.
  2. ^ Menkes, Suzy (9 July 1999). "Gaultier, a Fashion Original, Links Up with Hermes". The New York Times. Retrieved 16 June 2021.
  3. ^ "Hermes in talks to sell 45 pct Gaultier stake". Reuters. 1 April 2011. Retrieved 16 June 2021.
  4. ^ Alexander, Ella (4 May 2011). "Puig to by a 45% stake in Jean Paul Gaultier". Vogue. Retrieved 16 June 2021.
  5. ^ Phelps, Nicole (27 September 2014). "Jean Paul Gaultier Spring 2015 Ready-to-Wear". Vogue. Retrieved 16 June 2021.
  6. ^ Davis, Dominic-Madori (1 February 2020). "Jean-Paul Gaultier is leaving the fashion industry after 50 years. Here's a look back at the legendary designer's career, from dressing Madonna to starting his own haute-couture house". Business Insider. Retrieved 11 May 2020.
  7. ^ Ying Hyde, Shelby (26 May 2021). "All Hail: Jean-Paul Gaultier Returns to Ready-to-Wear". Harper's Bazaar. Retrieved 16 June 2021.
  8. ^ "The Shiseido group started negotiation with Puig to sell IP rights of Jean Paul Gaultier regarding fragrance products" (PDF). Shiseido. Retrieved March 17, 2020.
  9. ^ Noor, Hibah (February 9, 2015). "Puig and Shiseido to terminate Jean Paul Gaultier fragrance license". DutyFree Magazine. Retrieved March 17, 2020.
  10. ^ Rozario, Kevin (January 5, 2016). "Puig takes on JPG scents and targets €2bn". TRBusiness. Retrieved March 17, 2020.
  11. ^ Pawson, Helen (June 26, 2017). "Notes on a Scandal: Puig unveils new Jean Paul Gaultier feminine fragrance". The Moodie Davitt Report. Retrieved March 19, 2020.
  12. ^ Verb eke, Alain (2013). International Business Strategy (2 ed.). Cambridge, England: Cambridge University Press. p. 127. ISBN 978-1107355279.
  13. ^ "Jean Paul Gaultier Perfumes And Colognes". Fragrantica. Retrieved 11 May 2020.
  14. ^ "Perfume Jean Paul Gaultier Classique". Jean Paul Gaultier. Retrieved 11 May 2020.
  15. ^ "Les Males range". Jean Paul Gaultier. Retrieved 11 May 2020.
  16. ^ "Scandal range". Jean Paul Gaultier. Retrieved 11 May 2020.
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