Unilever prestige CEO departs
Vasiliki Petrou is leaving her role as chief executive officer of Unilever’s prestige division, a segment of the consumer goods firm she started a decade ago. Dermalogica Petrou joined Unilever …
Unilever
Fashion Pact names Óscar García Maceiras of Inditex as steering committee co-chair
Translated by Nicola Mira Published Jun 11, 2024 A fast-fashion giant has replaced another at the head of Fashion Pact. The consortium’s former co-chair, Helena Helmersson, was ousted as CEO …
Amorepacific appoints new North America head on leadership reshuffle
Korean beauty giant Amorepacific has appointed Giovanni Valentini to the role of CEO of its North America regional headquarters, effective June 1. Giovanni Valentini – Courtesy A luxury beauty veteran, Valentini joins …
Hairstory appoints new CEO
Haircare brand Hairstory has announced the promotion of Dina Rosenbloom to the role of chief executive officer. Dina Rosenbloom – Courtesy Rosenbloom joined the U.S. brand last year as chief …
Maesa names new marketing head at Kristin Ess Hair, Koze Place
Beauty incubator Maesa has announced the appointment of Molly Kennedy to the role of VP, marketing, Kristin Ess Hair, and other brands including Koze Place. Molly Kennedy – Courtesy Reporting …
Chanel CEO says price hikes driven by inflation, craftsmanship
By Bloomberg Published Apr 25, 2024 Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of one of its best-known handbags to more than €10,000 …
Beauty is biggest winner for Unilever in Q1
Unilever’s Q1 trading update release on Thursday showed improved volume growth that was driven by its so-called Power Brands. Hourglass The foods-to-beauty group said company-wide underlying sales growth (USG) was …
After Starbucks and McDonald’s, Asia’s anti-Israel boycotts find a new target: Western beauty products
While the initial focus of the boycotts was specific food and drink brands such as McDonald’s, it is now extending to other areas, including beauty products. Southeast Asia’s Muslim-majority nations …
LVMH-backed L Catterton to form consumer-focused JV in India with former HUL CEO
By Reuters Published Mar 28, 2024 U.S. private equity firm L Catterton said on Thursday it will form a joint venture in India with former Hindustan Unilever (HUL) CEO Sanjiv …
Unilever to cut 7,500 jobs worldwide
Consumer goods giant Unilever has announced plans to cut around 7,500 jobs globally as part of an overhaul aimed at saving around 684 million euros (869 million dollars) over the …