La Prairie Appoints Latest CEO

24 Mar

PARIS — La Prairie Group has named Estelle Létang chief executive officer, effective April 1. On the prestige beauty brand, the seasoned Estée Lauder Cos. executive will report on to Patrick Rasquinet, a member of the manager board at Beiersdorf, La Prairie’s parent company. Létang is to be based in La Prairie’s headquarters in Zurich, Switzerland. She succeeds Philippe Lamy within the CEO role. La Prairie said in a press release her responsibilities will include steering its strategic direction and long-term vision. Létang is to oversee each day management of the corporate’s business operations, business priorities and infrastructure worldwide. For the past 21 years, she has worked at Lauder, starting at Darphin in Latest York, Paris and Hong Kong. While within the latter city, the...

0 Comments

4 Feb

Hailey Bieber Hires Former Honest Co. Chief Nick Vlahos

by Beautifaire101

Beauty, Featured

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...

0 Comments

2 Feb

The Recent Merit CEO Comes From MAC Cosmetics

by Beautifaire101

Beauty, Featured

MAC Cosmetics’ former global brand president has a latest gig. Philippe Pinatel, who previously helmed the makeup powerhouse on the Estée Lauder Cos., is heading to Merit Beauty, Katherine Power’s minimalist beauty brand that debuted in early 2021. In accordance with a press release from the brand, its Solo Shadow eye shadow reached $1 million in sales inside two weeks of launching. “In only our third yr of business, Merit was highly profitable and drove well over $100 million in omnichannel retail sales in 2023, which is a testament to our commitment to excellence across the board. As founder and chairperson, I sit up for working closely with Philippe and the remainder of our exceptional leadership team to proceed delivering best-in-class products and...

0 Comments

30 Jan

Why CEO Changes Are Rife in Today’s Beauty Industry

by Beautifaire101

Beauty, Featured

Why CEO Changes Are Rife in Today’s Beauty Industry

PARIS — Call it the wonder CEO shuffle. Because the start of this yr especially, a plethora of top-level executive changes have taken place. L’Occitane Group, Avon Products Inc., Biologique Recherche, L:a Bruket, Susanne Kaufmann, Fresh and Orveon are among the many cavalcade of corporations — of all kinds: small to large, public to non-public, in every product category — to call recent chief executive officers. Olaplex, Amika, Avon Products Inc., Beautycounter, Eighth Day, Fresh, Orveon, Harklinikken and Fekkai are amongst others to have recent C-suite recruits, too. A confluence of phenomena led up to those appointments. “Beauty is an incredibly dynamic category, and with the scope of change that corporations and types must sustain with, sometimes shifts in leadership might help support brands as they evolve to align with that,”...

0 Comments