Deb Henretta is leaving nothing to chance; she has all bets covered.
Procter & Gamble Co.’s group president of global beauty care has engineered a far-flung network of executive offices, serving as a trend-catching machine, designed to turn tips on changing consumer buying habits into fattened market share and profits.
“My vision is to get back to the day-in, day-out undisputed leader of the beauty-care business,” she said, “and I want to return this business to the growth engine it has been and I know it can be for the P&G Company.”
Her Beauty Care Division runs the gamut from Olay, the mass skin-care franchise with retail sales volume estimated by Brand Finance magazine at $11.8 billion; the DDF dermatological brand; the predominantly North American-oriented Cover Girl and global Max Factor makeup brands; Safeguard hand sanitizer; Old Spice, and Gillette Personal Care for men. For women, there’s Secret, Olay Personal Care and Camay, which Henretta pointed out was P&G’s first beauty brand in 1926. Ivory also fits into the personal-care group.
As reported previously, P&G has moved the management of its skin care and leadership team to Singapore under Nayantara Bali, vice president of global skin care. The cosmetics group is headed by Esi Eggleston-Bracey, vice president of global cosmetics, based in Geneva. The personal care, antiperspirant and deodorant group — headed by Janet Allgaier, vice president of global personal care — is anchored in P&G’s headquarters in Cincinnati. All three report to Henretta, as do the regional vice presidents.
Henretta refers to it as a “hub” system with each group having a shadow organization elsewhere. Henretta explained that Bali’s leadership team will be in Singapore, but “then she’ll have a North American team that will feed feeding into her leadership team and will be located in Cincinnati,” Henretta explained. “The flip side is the personal care, antiperspirant and deodorant business, [which] right now is housed in Cincinnati, but they will have an eastern hub in Asia that will feed into them.”
Henretta now operates out of Cincinnati, but she indicated the beauty-care leadership will eventually move to Singapore.
In addition, Eggleston-Bracey is running the cosmetics group in Switzerland, but her unit has a key manufacturing and research and development operation in Hunt Valley, Md. There are also regional offices in Guangzhou, China, and Panama.
Henretta noted, “I call this the hubbing system because what it does is it allows me to stay very tapped into the trends around the world. I’ve got an Eastern hub and a Western hub, and we share information on trends. We’re sharing information on consumer learnings and I think we are going to have a better business because we’re looking at both sides of the world.
London’s newly opened @designmuseum will look back on the life and work of Azzedine Alaïa in a show that the designer helped to curate before he died of heart failure last month. The retrospective, which Alaïa had worked on with Mark Wilson, chief curator of the @groningermuseum, will look at the impact of his work worldwide. The show, “Azzedine Alaïa: The Couturier,” will run from May 10 to October 7. Read more about the exhibit on WWD.com #wwdnews #wwdfashion (📷: @zefashioninsider)
@Pharrell and his wife Helen Lasichanh were among the stars that came out to celebrate @rimowa’s first pop-up concept shop. The space, which is located on Rodeo Drive in Beverly Hills, draws inspiration from airport luggage carousels and lounge areas – and features the company’s luggage and accessories. If the pop-up is successful it could pave the way for addition temporary shops throughout the world. #wwdfashion (📷: Owen Kolasinski/BFA)
@carineroitfeld celebrated @crfashionbook’s first calendar last night with a dinner party at Spring Place in Manhattan. Photographed by @stevenkleinstudio, the calendar takes on a fitness theme and features @joansmalls, @gigihadid, @danielle_herrington_ – pictured here – and more. “[Carine Roitfeld] wanted me to feel sexy and she wanted me to be myself and feel it out on my own and do what I felt was right,” said Herrington, aka Miss October. #wwdeye
@saintrecords and @virgilabloh last night at @americanexpress’ “A Night With Success Makers” event. “I always bring it back to community because without that I wouldn’t have the courage,” said Knowles when asked how she has gotten where she is now. Read more highlights from their conversation on WWD.com. #wwdeye (📷: @lizdoupnik)
This Just In: Industry sources have told WWD that Anastasia Soare is rumored to be considering selling her beauty business, @anastasiabeverlyhills. According to those sources, Soare has tapped investment bank Imperial Capital to explore sale options for her eponymous beauty brand –– and with at least $340 million in net sales, this would be a big deal. Put in context of other recent transactions for makeup companies, Soare’s price tag could be in the billions if she were to sell the whole thing. #wwdnews #wwdbeauty (📷: @clint_spaulding)
@assouline’s latest book, “The Spirit of Bentley: Be Extraordinary” captures the adventurous attitudes and opulent lifestyles of @bentleymotors’ most creative owners and enthusiasts throughout the U.K. The 292-page hardcover has a section dedicated to showing its team of skilled artisans and photos of its most colorful owners, from George Bamford to designer @alicetemperley, pictured here by Aline Coquelle. #wwdeye
@google released its report on the most popular search terms this year. For fashion brands, the list was led by @gucci, the luxury brand that stunned the market last October when it pledged to stop using fur. Runner ups were @supremenewyork and @fashionnova, along with more established brands like @louisvuitton, @chanelofficial and @ysl. #wwdfashion (📷: @aitorrosasphoto)
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)