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February 2024

4 Feb

Value of Beauty Alliance Kicks Off

Value of Beauty Alliance Kicks Off
BRUSSELS — The Value of Beauty Alliance, created to spotlight the importance of Europe’s beauty value chain, is launching Wednesday in Brussels at a gathering attended by chief executive officers and presidents from L’Oréal, Beiersdorf, Givaudan, IFF, Kiko Milan and Ancorotti Cosmetics. The six founding members have come together to present a report entitled “What Is the Value of Beauty,” which is supposed to crystalize the role the worth chain holds for the European Union’s economy and society, and for health and well-being. The European beauty market generates 74.1 billion euros per 12 months, and the report found that throughout the EU, 80 percent of consumers consider beauty products as a vital a part of their day-to-day lives. “What Is the Value of Beauty”...
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4 Feb

Hailey Bieber Hires Former Honest Co. Chief Nick Vlahos

Hailey Bieber Hires Former Honest Co. Chief Nick Vlahos
Hailey Bieber is filling out Rhode’s C-suite. The founder, chairwoman and artistic director of Rhode has hired Nick Vlahos as chief executive officer, effective immediately. “Nick has a proven track record of growing firms and his expertise in innovation, distribution, global expansion and team development are going to be instrumental as we proceed on to our next chapter of accelerated growth,” Bieber said in a press release. Vlahos was most recently CEO on the Honest Co., Jessica Alba’s brand, a tenure that culminated in an initial public offering that valued the business at $2.1 billion. Prior to that, he worked on the Clorox Company as chief operating officer. His hire comes after the promotion of Lauren Ratner, who was recently promoted to...
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