NEW YORK, United States — Cosmetics maker Coty Inc on Monday said it had agreed to sell a majority stake in its professional beauty and retail hair businesses, including Wella and Clairol brands, to investment firm KKR in a deal valued at $4.3 billion. Shares of the company rose about 11 percent in premarket trading. […]
Power Moves | Hudson’s Bay Company, Printemps CEOs Depart
LONDON, United Kingdom — BoF compiles the most important professional moves of the week. Hudson’s Bay Company CEO exits Following the decision to take Hudson’s Bay Company private, Chief Executive Helena Foulkes will step down effective March 13, with Executive Chairman Richard Baker named as her replacement. Baker will assume the role in addition to […]
Power Moves | Dries Van Noten Names President, Agent Provocateur Announces Executive Appointments
LONDON, United Kingdom — BoF compiles the most important professional moves of the week. Dries Van Noten taps former Ports 1961 MD for president Dries van Noten has appointed Matteo De Rosa as president, effective February 1. De Rosa joins the Puig-owned company from Australian luxury group Kennedy, where he was managing director of fashion […]
Power Moves | Kylie Cosmetics Names CEO, Lululemon Appoints First Chief Brand Officer
LONDON, United Kingdom — BoF compiles the most important professional moves of the week. Coty names Kylie Cosmetics CEO Following its recent deal with Coty, Kylie Cosmetics has a new chief executive. Christoph Honnefelder will assume the role “in the near future,” according to a statement from Coty. He joins the company from beauty retailer […]
Calvin Klein and Raf Simons Launch New Fragrance
NEW YORK, United States — In his acceptance speech at the CFDA Awards this past June, Womenswear Designer of the Year Raf Simons thanked many people, including his friends and family and his Calvin Klein colleagues. He even thanked (CFDA chairman) Diane von Furstenberg. But in the end, he also thanked “women.” Just, “women.” Full […]