As H. Ross Perot once said, inventories can be managed but people must be led. Strong leadership is particularly critical now, as the beauty industry continues to grapple with the fallout of the global economic crisis and the shifting paradigm of consumer behavior in an age of uncertainty.
Along with the changing landscape has come a new era of leadership for two of beauty’s biggest players. The Estée Lauder Cos. recently elevated Fabrizio Freda to chief executive officer after 16 months as chief operating officer, while Ed Shirley has taken the reins of Procter & Gamble’s beauty and grooming business as vice chair of the division.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)