CEO – Page 17 – Beautifaire

12 Apr

Forma Emerges from Bankruptcy with Former Outdoor Voices CEO

Forma Brands, the parent company of Morphe and Lipstick Queen, amongst others, has been acquired by lenders from bankruptcy. Along with Jefferies Finance LLC, funds managed by Cerberus Capital Management LP, and FB Intermediate Holdings LLC, the corporate’s latest owners now also include &vest, a consumer brand investment and operational platform. Thomas Brady, president of Jefferies Finance, said, “On behalf of your entire investor group, we're pleased to finish the acquisition of Forma Brands, enabling the corporate to maneuver forward ready of economic strength. With a latest capital structure that features additional liquidity and fewer debt, Forma Brands is poised to return to growth and increase profitability while it continues providing consumers across the globe with thoughtfully chosen beauty products.” As a part of the...

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29 Mar

Ex-Modiface CEO Desires to Improve Your Website With AI

by Beauty Tips

Fashion, Featured

Ex-Modiface CEO Desires to Improve Your Website With AI

The sweetness world knows him as one among the pioneers who drove augmented reality for the sector at Modiface. Now Parham Aarabi’s next act also looks like a technical beaut, and never only for makeup. The tech start-up founder and University of Toronto professor of artificial intelligence goes full bore into e-commerce along with his latest enterprise, Predictive Commerce. With the platform, which launches Tuesday, Aarabi does what he does best — determine how AI can solve real-world problems. Here, the corporate predicts human behavior, so brands can adapt their web sites to realize maximum effect. The genesis of the business didn’t stem from a selected eureka moment, but a simmering curiosity that nagged at him, he told WWD. He kept noticing how...

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1 Feb

CEO Talks: Kate Spade’s Liz Fraser on Recent Store

by Beauty Tips

Fashion, Featured

CEO Talks: Kate Spade’s Liz Fraser on Recent Store

Since Liz Fraser assumed the role of chief executive officer and brand president of Kate Spade Recent York in March 2020, she has guided the $1.4 billion lifestyle brand through the pandemic, store closures and reopenings, a hybrid work schedule and latest ways of working. For the last fiscal yr, the brand experienced a 22 percent increase to attain record revenues. “I remain definitely more enthusiastic about Kate Spade today than I used to be even once I began,” Fraser said in an interview on the brand’s Manhattan headquarters. “I believe this can be a remarkable brand with tremendous elasticity and yet is so clear what it's. That’s an unusual combination. So we are able to do a Kate Café, we...

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9 Jan

Ideal Image Names Sharon Leite CEO – WWD

by Beautifaire101

Beauty, Featured

Ideal Image Names Sharon Leite CEO – WWD

Ideal Image, an aesthetics company providing a spread of treatments including laser hair removal, body sculpting, Botox treatment, fillers and skincare, has named Sharon Leite chief executive officer. Leite, the previous CEO of The Vitamin Shoppe, succeeds David Prokupek, who has change into an adviser to Ideal Image. In its announcement Monday on Leite’s appointment, Ideal Image indicated she is going to “drive brand strategy, speed up the event of talent, create a best-in-class organizational culture, manage the corporate’s resources and operations and partner with the board of directors.” “There's tremendous opportunity to reimagine the brand within the dynamic aesthetics, beauty and wellness categories,” Leite said in an announcement. “Ideal Image has set itself apart within the industry and has been the market leader.” She...

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