Earlier in his career, Coty Inc. chief executive officer Michele Scannavini worked at Ferrari as the commercial and marketing director, where his duties included zooming around a motor track in the fabled sports car. That early exposure to speed has served him well—in the last year alone, Scannavini was named ceo of Coty, taking the reins from his former boss Bernd Beetz, and oversaw its initial public offering on the New York Stock Exchange, beauty’s biggest IPO of the last decade. Now, Scannavini faces a bigger—and more immediate—challenge, namely, to diversify and globalize the $4.6 billion company, and transform it from a significant player in fragrance into a full-fledged competitor in color cosmetics and skin care as well. In other words, the executive is just getting started, as I learned when I spent time with Scannavini and his senior management team, a tight-knit group who love to play as hard as they work. To discover how they are transforming Coty under their new leader, turn to “Setting the Pace” on page 18.
Coty is not alone in its ambitions to become dominant in the prestige skin care sector. Mass retailers from Amazon to Target have made no secret of their desire to establish themselves as players in that realm. To that end, the pace of activity is unrelenting, from Target acquiring the online player DermStore.com, to Amazon’s much-anticipated unveiling of its Luxury Beauty Store. But as Rachel Brown, WWD’s West Coast beauty editor, reports in “Site Plan,” for many brands, these developments pose as many challenges as they do opportunities. Find out why on page 28.
Forging a bold partnership with Target certainly paid off well for makeup artist Sonia Kashuk, whose namesake line launched in the retailer 15 years ago and has posted gains every year. Her husband, Daniel Kaner, is an equally as successful entrepreneur in the hair-care sector, most recently cofounding Oribe Hair Care. Happily, Kashuk and Kaner agreed to be the first subjects for Double Major, a new WWD Beauty Inc feature which will appear in each issue starting next February, featuring a candid conversation between two like-minded business greats. Who would you like to hear from in the year ahead? E-mail me at email@example.com and let me know.
Taking the final spot on the mens’ portion of New York Fashion Week calendar next month will be none other than @tomford. Though he’s shown his men’s wear in New York in the past, this will mark the first time the designer has shown his men’s collection alone during New York Fashion Week: Men’s. His runway show will debut on February 6 at the Park Avenue Armory. #wwdfashion
London-based couture house @ralphandrusso has certainly been in the spotlight, having its dresses worn by @beyonce, Angelina Jolie, Meghan Markle in her engagement photos and more. For couture, Tamara Ralph focused on ornamentation — think: feathers with chain mail, jet embroidery and clusters of pearls and crystals. See the rest of the collection on WWD.com #wwdfashion #couture (📷: @giovanni_giannoni_photo)
Minnie Mouse celebrated her 90th birthday by getting her own star on the Hollywood Walk of Fame. For her celebratory luncheon, @coach’s creative director @stuartvevers dressed her in a custom made prairie dress, complete with Vever’s take on the polka dot – black sequined versions – under a cropped motorcycle jacket. The designer also put his own mark on Minnie’s classic red shoes, infusing the color with sparkles and adding some Coach crystals. “We chose colors that were very Minnie and also represented quintessential Coach elements,” said Vevers. #wwdfashion #nationalpolkadotday (📷: George Chinsee)
@nickjonas is unveiling his first-ever apparel collection through a partnership with John Varvatos. The limited-edition capsule, which makes its debut in spring, also marks the first time the designer has collaborated with anyone on a line. “The process in working with Nick is amazing. It’s inspiring to be around someone who is not only connected with the trade that they do, but also with what’s happening in the environment around him, and how that connects to what we do with style,” said Varvatos. (RG: @johnvarvatos) #wwdfashion
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)