Stéphane de La Faverie will succeed Fabrizo Freda on Jan. 1 2025 as chief executive and president of Estée Lauder Companies, the company confirmed today. …
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Jane Lauder to Step Down at Estée Lauder Companies
The wheels of change continue to turn at Estée Lauder Companies. Jane Lauder — the granddaughter of Estée Lauder, the company’s founder — will step …
Estée Lauder Companies Names New West Coast Leadership
In its latest executive shuffle, Estée Lauder Companies has announced key leadership changes to its West Coast-based brands. Somer Tejwani will be promoted to SVP …
Estée Lauder Companies Announces Leadership Changes
Six weeks after announcing the retirement of CEO Fabrizio Freda, Estée Lauder Companies revealed another executive leadership transition today. The company’s North America group president …
Why Beauty Companies Keep Tinkering With Their Hit Products
Welcome to BoF’s Beauty Newsletter, featuring members-only analysis and the week’s top news from the front lines of the global beauty business. Subscribe here. NEW YORK, …
Estée Lauder Companies Names Akhil Shrivastava Executive Vice President, CFO
Estée Lauder Companies named Akhil Shrivastava executive vice president and chief financial officer, effective Nov. 1. Shrivastava succeeds Tracey Travis, who is set to retire …
For Struggling Public Companies, Going Private Is No Panacea
On Sunday, Puig filed to go public in Spain, betting that an infusion of capital and the “checks and balances” of a listed company structure …
BoF is One of the World’s Most Innovative Companies of 2024
NEW YORK — Hello from New York City where our team staged another successful BoF Professional Summit on Friday, this one examining how fast emerging …
Brazil Fashion Companies Arezzo and Soma Agree to a Merger
Brazilian fashion companies Arezzo and Grupo Soma said on Monday they had agreed a merger to form an entity with revenues of 12 billion reais …
Four Companies to Watch in This Week’s Earnings Bonanza
“Soft landing” and luxury’s “normalisation” are buzzwords for the fashion industry’s outlook in 2024. What people are really saying with those terms is that, in …
EU to Force Beauty Companies to Pay to Reduce Microplastic Pollution
Beauty companies will have to pay more to clean up microplastic pollution after EU negotiators struck a new deal to treat sewage. Under draft rules …
EU Agrees on Forced Labour, Environmental Harm Disclosures for Companies
Large companies in the European Union will have to identify and take remedial action if they find their supply chains employing child labour or damaging …
Why DTC Companies Should Avoid Venture Capital
LONDON — In 2010, when a plucky upstart company called Warby Parker was launched by a group of classmates at the University of Pennsylvania’s Wharton School, …
The Estée Lauder Companies’ New Incubation Ventures and Nykaa Announce Finalists for Their BEAUTY&YOU Awards
The Estée Lauder Companies’ New Incubation Ventures team (NIV) is seizing the opportunity to elevate emerging companies into the ever-growing beauty and personal care space …
7 Vegan Companies That Give Back to Animals
Being vegan means looking at everything in life through a different lens, including what you buy. With a conscious effort, you can double the good …
H&M, Kering Among Companies Piloting Science-Based Targets for Nature
Businesses can now assess their impacts on nature loss using science-based targets as part of a move to “get nature into the boardroom.” Research shows …
Why Fashion Companies Are Creating Virtual Versions of Their Supply Chains
Unlike Saitex’s other denim factories in Vietnam and Los Angeles, which collectively crank out millions of pairs of jeans each year, the new one chief …
Etsy, Other E-Commerce Companies Feel Squeeze of SVB Collapse
Etsy on Monday resumed payments to merchants with Silicon Valley Bank accounts after the e-commerce platform paused their payouts over the weekend following the US …
The Companies Behind Fashion’s Biggest Fragrances
The fragrance business is booming. In the US, the category is still growing steadily, following its pandemic-era jump. Already in 2023, sales are up 19 …
J&J’s Court Loss Weakens Controversial Legal Tactic Used by Big Companies
A courtroom loss by Johnson & Johnson is threatening a legal manoeuvre developed by a handful of the most profitable companies in the world to …