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.
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast