THE WHAT?   Puig, a leading Spanish cosmetics conglomerate, is reportedly in discussions with investment giants Goldman Sachs and JPMorgan, seeking advice on a potential stock market debut.

THE DETAILS  With a legacy of ownership over iconic brands like Carolina Herrera, Paco Rabane, and Charlotte Tilbury, the family-owned Puig group’s valuation might soar up to 8 billion euros ($8.6 billion), as suggested by a recent article in the Spanish newspaper, Expansion.

THE WHY?  While both Puig and JPMorgan chose to remain tight-lipped on the matter, Goldman Sachs has yet to address the speculation.