CEO – Page 10 – Beautifaire

7 Jun

Vegamour Appoints Recent CEO, Cofounder Daniel Hodgdon Steps Down

Executive shifts are afoot at Vegamour. Dan Hodgdon, who cofounded the hair care company in 2016 alongside Christina Zeigler, is exiting his role as chief executive officer. The corporate’s board has appointed Robert Schaeffler, Vegamour’s current president, to the role, effective immediately. Hodgdon will maintain his board seat, in line with a memo seen by WWD. “Dan pioneered a completely latest brand and category in hair wellness with Vegamour and we're incredibly grateful for his creativity and vision that built the corporate we have now today based on the values of sustainability, innovation and integrity,” read the memo. Schaeffler, who joined the brand in October 2022 as president, will maintain his previous responsibilities, though the brand will now not have a president...

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7 Jun

Saks CEO to Vendors: Luxury Sales Stay Soft

by Beauty Tips

Fashion, Featured

Saks CEO to Vendors: Luxury Sales Stay Soft

Amid the volatile macroeconomic environment, luxury customers have gotten more “deliberate and value-focused” of their spending. They’re also shifting discretionary dollars more toward wear-to-work clothes and fashion for dining out and parties, and pulling back spending on casual clothes, sneakers and purses. That’s the read on the luxurious consumer from Marc Metric, chief executive officer of Saks, who on Wednesday issued his quarterly letter to vendors updating the business. He said that Saks, the e-commerce operation of the Saks Fifth Avenue brand, saw an 8 percent slide in gross merchandise value in the primary quarter ending April 29, though on a two-year stack, first quarter GMV was up 64 percent. (GMV refers to all of the merchandise sold including owned goods, and...

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5 Jun

The Time Olaplex CEO JuE Wong Hiked 300 Miles

by Beautifaire101

Beauty, Featured

The Time Olaplex CEO JuE Wong Hiked 300 Miles

Even after completing Europe’s 383-mile Camino de Santiago stretch in 2019, JuE Wong is hesitant to call herself a hiker. “I’m more of an accidental walker that become a hiker,” said the Olaplex chief executive officer, who got here to the avocation(s) during her adolescence in Singapore. “As you possibly can imagine, Singapore is as flat as a pancake; it has hills, not mountains,” said Wong. Her mother and father — from whom she jokes she inherited her “workaholic” tendencies — made it a degree despite their busy schedules to take the family to Mount Faber nearly every Saturday. “We might drive to the highest of the hill, walk down, after which walk back as much as the automobile,...

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4 Jun

CEO Gary Friedman on RH’s Biggest ‘Masterpiece’

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Fashion, Featured

CEO Gary Friedman on RH’s Biggest ‘Masterpiece’

AYNHO, England — “I don’t expect to be understood initially, but I do consider that it should be respected and encourage people eventually,” RH chief executive officer and chairman Gary Friedman said of his unique strategy, last month during an analyst conference call. A rarity in the company world, the veteran executive is boldly aiming to reshape U.S. upscale furniture retailer RH (formerly Restoration Hardware) into a worldwide luxury brand with exclusive galleries, restaurants and lodging worldwide. RH’s most ambitious project yet — RH England, The Gallery at Aynho Park — is a 73-acre, Seventeenth-century estate and the crown jewel on this strategy. Envisaged as a luxury travel destination for design, food and wine, the revitalized property...

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