PARIS — Sephora’s nomination of a latest chief executive officer, Guillaume Motte, comes at a pivotal time for the retailer and the wonder industry at large.
Sephora, the one prestige beauty seller with a world presence, is working in a swiftly changing, increasingly digital and competitive landscape.
“We appoint a latest CEO to take us to the subsequent level,” said Chris de Lapuente, who stepped back into that role following the abrupt departure last June of Martin Brok. De Lapuente has continued serving as chairman and CEO of the Selective Retailing division at Sephora’s parent company LVMH Moët Hennessy Louis Vuitton.
Motte will turn out to be Sephora CEO on Jan. 1 and report back to de Lapuente.
“Our aspiration is to turn out...
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