Alliance – Beautifaire

4 Feb

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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3 Feb

Value of Beauty Alliance Holds Launch Event

by Beautifaire101

Beauty, Featured

BRUSSELS – Greater than 250 guests streamed into Brussels’ stately Art and History Museum to assist kick off the Value of Beauty Alliance. Amongst attendees there on Wednesday evening were members of the European Parliament and European Commission — the hearts and minds the brand new alliance especially goals to the touch because the alliance was formed to underline the importance of Europe’s beauty value chain. On the event were beauty executives and journalists, who listened to keynote speeches by Nicolas Hieronimus, chief executive officer of L’Oréal, and Vincent Warnery, CEO of Beiersdorf, in addition to people from the EU governing bodies. The alliance is the brainchild of Hieronimus and Warnery, and includes 4 other founding corporate members — Givaudan, IFF, Kiko Milan and...

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25 Dec

RPG, Meiyume and Mana Products Form Vertical Beauty Alliance

by Beautifaire101

Beauty, Featured

After a disruptive past yr for the sweetness industry’s supply chain, a recent industry alliance is pooling resources for manufacturing, packaging and retail entry. RPG, the retail design firm, has joined forces with prestige beauty manufacturer Mana Products and packaging firm Meiyume. Together they're forming the Vertical Beauty Alliance, a partnership that may provide end-to-end solutions for beauty brands. “The lines between competition and collaboration are really very thin and if one chooses collaboration, everyone advantages, specifically, our clients,” said Mortimer Singer, managing partner at Traub Capital, which acquired Mana Products last yr for an undisclosed sum. Although the alliance is recent, the businesses have a protracted history of working together. Formalizing their working together made essentially the most sense, said Bruce...

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11 Oct

Walgreens Boots Alliance Names Tim Wentworth CEO – WWD

by Beautifaire101

Beauty, Featured

Walgreens Boots Alliance, Inc. has tapped Tim Wentworth as its recent chief executive officer because it moves further away from its drugstore origins and into healthcare. Most recently, Wentworth was founding CEO of Evernorth, Cigna’s health services organization that partners with health plans, employers and government organizations. Prior to Cigna, Wentworth was CEO of Express Scripts, the most important pharmacy profit manager within the U.S., following the corporate’s merger with Medco Health Solutions Inc. in 2012. “The WBA board has been focused on bringing in a CEO with deep health care experience, and we're pleased to welcome Tim Wentworth as the corporate’s recent CEO,” said Stefano Pessina, executive chairman of Walgreens Boots Alliance. “He's an achieved and revered leader with profound expertise...

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