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20 Oct

Leonard A. Lauder Honored With Retail Excellence Award –

Leonard A. Lauder Honored With Retail Excellence Award –
A who’s who of luminaries from the retail, fashion and finance sectors turned out on Monday night to honor Leonard A. Lauder with the Retail Excellence Award cohosted by the Baker Retailing Center on the University of Pennsylvania’s Wharton School of Business and the Retail Leaders Circle. Lauder, who announced earlier this 12 months he’ll step down from the board of directors of the Estée Lauder Cos. when his current term expires in November, was feted by designer Tory Burch, Neiman Marcus CEO Geoffroy van Raemdonck, Saks CEO Marc Metrick and Lauder’s son, William P. Lauder and niece Jane Lauder, amongst many others, with introductory honors handled by Pfizer’s chief corporate affairs officer Sally Susman and MidOcean Partners chairman Matt Rubel. Sally...
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13 Oct

Travel Retail Resets for a ‘Recent Normal’ – WWD

Travel Retail Resets for a ‘Recent Normal’ – WWD
CANNES, France — A latest normal. That's what travel retail beauty executives are grappling with and focused on through the recent TFWA World Exhibition and Conference. The Cannes, France-based event, held from Oct. 1 to five, was fittingly dubbed “Open World” by trade show organizers. Every little thing is now open to discussion and evaluation, as travel retail resembles nothing prefer it did in 2019, pre-coronavirus pandemic. “The patron doesn't want the identical thing as before,” said Gwendoline Bommier, director merchant perfumes and cosmetics, duty free global at Lagardère Travel Retail. There's that, coupled with today’s volatile geopolitical and economic contexts making for an uneven channel recovery, amongst other aspects. “The world has shifted dramatically since 2019,” said Alexandre Callens, president global travel retail...
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2 Oct

DFS Is to Open ‘Seven Star’ Luxury Retail and

DFS Is to Open ‘Seven Star’ Luxury Retail and
CANNES, France — DFS, the LVMH Moët Hennessy Louis Vuitton-owned travel retail operator, said Sunday that it's opening the primary “seven-star” luxury retail and entertainment destination, in Hainan, China, by 2026. DFS Yalong Bay is the biggest project ever conceived by DFS. It's to stretch over 1.38 million square feet and carry greater than 1,000 luxury brands, including those from LVMH. The location will even boast immersive concepts spanning categories resembling fashion and apparel, beauty and fragrance, watches and jewellery, wine and spirits, advantageous dining, and food and beverage. “To create a luxury and entertainment offer, you have got to have the ability to juxtapose and sometimes mix the varied experiences,” Benjamin Vuchot, chairman and chief executive officer of DFS, told WWD....
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27 Sep

Leonard Lauder to Receive Retail Excellence Award – WWD

Leonard Lauder to Receive Retail Excellence Award – WWD
Leonard A. Lauder, chairman emeritus of The Estée Lauder Firms, will receive the “Retail Excellence Award” for his outstanding contributions to the retail and wonder sectors, along together with his philanthropic endeavors in academia, medicine and art. The award is being given by the Jay H. Baker Retailing Center on the Wharton School of the University of Pennsylvania and the Retail Leaders Circle. Lauder will receive the award at an Oct. 16 dinner in his honor to be held on the Rainbow Room in Latest York City. “Leonard Lauder’s remarkable influence and achievements within the industry are matched only by his generosity as a philanthropist,” Thomas S. Robertson, Joshua J. Harris professor and professor of promoting on the Wharton School, said in...
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