PARIS — Stella McCartney and L’Oréal are parting ways.
The two “have made the mutual decision not to renew their license agreement after the contract ends on Sept. 12, 2013,” the French beauty giant said Tuesday. “As a result of their mutual decision, L’Oréal will focus on concentrating on its other brands, while Stella McCartney will pursue its fragrance and beauty business.”
A McCartney spokesman had no further comment.
L’Oréal acquired the Stella McCartney beauty business — including what was billed then to be the first designer organic skin-care brand on the market, Care by Stella McCartney — in May 2008, as part of the deal to take over YSL Beauté from the then-PPR for 1.15 billion euros, or $1.48 billion at current exchange.
McCartney’s other major beauty projects have included two fragrances, L.I.L.Y. and a signature scent.
Nicolas Hieronimus has been named to the new position of president of the Selective Divisions, including the Luxury, Active Cosmetics and Professional Products branches plus The Body Shop.
“This leadership role supervising the Selective Divisions of L’Oréal is created in order to accelerate the group’s development in all retail distribution networks, leveraging its expertise in each of the distribution channels,” the company stated.
Hieronimus was appointed president of L’Oréal Luxe in January 2011 and will maintain that position as well.
Lebel, who joined L’Oréal in 1981, has spearheaded the Consumer Products Division since 2008. Marc Menesguen, currently executive vice president of strategic marketing, succeeds him.
Other changes include Frédéric Rozé being appointed executive vice president of the Americas zone, including North and Latin America. He will continue to be chief executive officer of L’Oréal USA.
Alexandre Popoff was named executive vice president of the Eastern Europe zone. He most recently was executive vice president of the Latin America zone.
Jochen Zaumseil is to become executive vice president of the Western Europe zone. Until now, he has held the post of executive vice president of L’Oréal’s Asia-Pacific zone.
Alexis Perakis-Valat will succeed Zaumseil in his current role and continue serving as L’Oréal China’s ceo.
In yet another fashion show shuffle, @elleryland is moving its show in sync with the Paris couture calendar — though the brand is still keeping one foot on the city’s ready-to-wear schedule. Their runway show in January will coincide with the launch of a new strategy: designing two main collections each year instead of four, which will then be released in four drops. “As we all know, the system needs to change. We need to show sooner to give time back to artisans and designers to do what they do best — create,” said founder Kym Ellery. #wwdnews #wwdfashion (📷: @kukukuba)
@maxmara’s classic 101801 coat was the cornerstone of its pre-fall 2018 collection. The design team expanded the traditional double-breasted, kimono-sleeved style into a trapeze coat, lean belted styles and a peacoat and presented them in monochromatic looks – like the camel one pictured here. #wwdfashion #prefall18 (📷: George Chinsee)
The @cfda has shifted the dates of #NYFW, with Men’s showing on February 5 through February 7, and Women’s will directly follow, running from February 8 through 14. The preliminary schedule will be released on the CFDA’s web site in the next few days, but Mark Beckham, VP of marketing for the CFDA, revealed that @rafsimons will be back to close the men’s-specific part of the week with a show on February 7 #wwdfashion (📷: Kelly Taub)
@ferragamo is introducing a new space dedicated to the development of women’s and men’s leather good samples. The laboratory, which is created eco-friendly materials and designed to reduce the environmental impact of the manufacturing processes, will allow the company to expand its accessories offering through traditional artisanal approaches. #wwdfashion (📷: @aitorrosasphoto)
How does a “regular, degular, schmegular” girl from the Bronx, N.Y., become a Grammy-nominated artist with a certified platinum record in less than a year? Call it the @iamcardib come up. The 25-year-old has become a musical sensation, and the fashion world is taking note. “If I could describe her style I would say drama. She’s really into the dramatics,” says Cardi B’s stylist @kollincarter. See how Carter styles her bold and out there looks with the link in bio. #wwdfashion
“There is no formula. There is no guideline. I can watch Ted Talks all day, but there is no one who can advise me on exactly what it is I should be doing,” said @ronniefieg, CEO of @kith, in an interview with WWD’s @ariahughes at the brand’s new SoHo office in Manhattan. Head to WWD.com to see how Fieg went from hanging out in shoe stockrooms at 13 to building his own business. #wwdfashion (📷: @weston.wells)
@fearofgod and @maxfieldla have teamed up on a pop-up installation. The store, located in the gallery space across from Maxfield’s Melrose Ave location, is the site of the brand’s House of God pop-up in which Fear of God founder @jerrylorenzo has created a church-inspired installation. A dozen vintage church pews sit in front of an LED screen playing 90s gospel singers in an effort to re-create an environment akin to a Southern Baptist Church, Lorenzo explained. Read more about the pop-up on WWD.com #wwdfashion (📷: Jennifer Johnson)
Known for his sleek, sophisticated American glamour, Norman Norell is the subject of an upcoming exhibition at @fitnyc. “Norell: Dean of American Fashion,” which runs from February 9 through April 14, will feature approximately 100 ensembles and accessories. His best work is exemplified by the designer’s glittering “mermaid” gowns frosted with thousands of hand-sewn sequins – like the one pictured. (📷: William Helburn) #wwdfashion
For pre-fall 2018, @balmain didn’t let go of the glitz. A crystal embroidered baseball jacket priced at around $40,000 hangs in the “couture” section of the brand’s first men’s pre-collection. Sporting the words “Balmain Army” across the back, the item took around two months to make. “When it was completed, it was like Christmas, it was like, ‘It’s done, it’s exactly what I wanted,’” said Balmain’s creative director @olivier_rousteing during a tour of the collection in a Paris showroom on Monday. #wwdfashion