PARIS, France — L’Oréal’s Chairman and Chief Executive Jean-Paul Agon said on Tuesday he expected the cosmetic group’s nominations committee to propose a candidate to succeed him by the autumn as his mandate expires. Agon told a shareholder meeting that the board of the French group, which is behind brands including Garnier and Lancôme, had […]
Beauty Brands Get a Wake-Up Call. Will They Listen?
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, United States — The beauty industry has made lots of noise about embracing inclusivity over the last few years. Brands from Covergirl to Dior have followed Fenty Beauty and introduced […]
Power Moves | Chanel Names Global Head of Arts and Culture, Givenchy Taps CEO From Dior Americas
LONDON, United Kingdom — BoF compiles the most important professional moves of the week. Chanel names global arts and culture lead Chanel has named Yana Peel, former chief executive of Serpentine Galleries, global head of arts and culture. In this newly created role, Peel reports to Chanel Chief Executive Alain Wertheimer. Givenchy taps CEO from […]
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 […]
Californian Start-Up Born in a Garage Beats L’Oréal in Patent Feud
CLICHY, France — In the final moments of his rebuttal to L’Oréal SA’s closing argument in a trade-secrets trial, a lawyer for California start-up Olaplex LLC told jurors they would choose the victor in a courtroom battle of biblical proportions. “David versus Goliath,” Joe Paunovich said, locked in a fight over “corporate greed.” L’Oréal was […]