The Estée Lauder Cos. Inc. has expanded the responsibilities of two of its top executives, Jane Hudis, president of BeautyBank, and Dominique Nils Conseil, president of Aveda.
Hudis will take on the additional responsibilities of overseeing the Origins brand, which has been an innovator in natural, organics-based marketing. She has been with the BeautyBank think tank since its founding in 2003 and last December added the oversight of Ojon, a natural hair care and skin care brand.
With the addition of Origins, she will continue to report to Dan Brestle, vice chairman and president of the Estée Lauder Cos., North America. As reported previously, Jane Lauder will become senior vice president and general manager of Origins, reporting to Hudis.
"Jane [Hudis] has exhibited superb leadership skills, as well as brand-building strength and marketing expertise," said William P. Lauder, Lauder chief executive officer. "With the extraordinary growth of BeautyBank, the company's entrepreneurial division, Jane has also demonstrated her ability to transform the beauty landscape, by creating visionary new brands and seeking out nontraditional distribution to reach the consumer where she is shopping now."
Conseil, president of Aveda, will be in charge of the European pharmacy channel business in addition to running Aveda. This will include oversight of the French botanical beauty company Laboratoires Darphin. Nicolas Maincent, president of Darphin, and its general manager, Beth A. Dinardo, will report to Conseil. He, in turn, will report to Fabrizio Freda, Lauder's president and chief operating officer.
Lauder praised Conseil for his leadership role "through a period of sustained global growth and [he] has helped achieve successful diversification in salon spa distribution, a large alternative channel for our company. He has the skills and vision to oversee the expansion in European pharmacies, an alternative distribution for us and one of the fastest growing channels for skin care products today."
— Pete Born
Former Body Shop Tech Fined for Insider Trading
LONDON — The U.K.'s Financial Services Authority announced Tuesday it has fined a former Body Shop IT technician 85,000 pounds, or $169,505 at current exchange, for market abuse after he was found to have used information garnered from the beauty retailer's senior executives' e-mails to make a profit on the stock exchange.After accessing e-mails, which detailed The Body Shop's Christmas trading results and a draft of an announcement regarding the underperformance of the company, John Shevlin was found to have used a "contract for difference" to trade shares in the knowledge the firm's stock price would likely fall once the information was made public, according to the FSA. Shevlin borrowed 29,000 pounds, or $57,832, to set up the transaction, which was more than his annual salary, and made a profit of 38,472 pounds, or $76,709, on the deal.
"Mr. Shevlin deliberately set out to obtain highly sensitive and valuable information to which he was not entitled," stated Margaret Cole, the FSA's director of enforcement. "He abused the trust placed in him by his employers and misused his technical skills to gain a financial advantage over other market users. Firms must take steps to protect market-sensitive information. Where individuals circumvent these protections they should expect to face significant financial or other sanctions, whether or not they are approved by the FSA."
— Brid Costello
Arden Responds to De La Renta Lawsuit
Elizabeth Arden Inc. late Tuesday issued its first response to the lawsuit filed against it by Oscar de la Renta Ltd. last week, calling the complaint "without merit."
Oscar de la Renta on June 27 claimed that Arden's repackaging of 4-ml. fragrance samples for Wal-Mart stores constituted trademark infringement and false designation of origin.
On Tuesday, Oscar Marina, executive vice president and general counsel of Elizabeth Arden, said that Oscar de la Renta fragrances, including those of the size mentioned in the complaint, "have been sold for many years directly to Elizabeth Arden for resale to mass retailers in the United States by YSL Beauté Inc., Oscar de la Renta's fragrance licensee and registered owner of the trademarks at issue."
Marina said that his firm and YSL confirmed that the products were sold directly to Elizabeth Arden by YSL in January and that any disputes about the relationship would be addressed by YSL, whose acquisition by L'Oréal was completed this week.
@chanel and @pharrell dropped what’s being dubbed as the world’s most exclusive sneakers yesterday. The Adidas Originals NMD Hu, which Williams designed in collaboration with Chanel and @adidasoriginals, has a waiting list of over 120K people who pre-registered online at chanelatcolette.fr –– and only 500 pairs are on sale. The singer predicted the resale value of the shoes could reach $40K. Read the full interview on WWD.com. Link in bio. #wwdfashion (📷: Dominique Maître)
@imanshumpert is diving deeper into his creative endeavors and relaunching his clothing line, Post 90s, and is helping to raise money for the hurricane victims in St. Maarten with a jersey he’s designed with his brother. The Cleveland Cavaliers player talked to WWD about kneeling during the national anthem, working with fashion brands and how he wants to be more than an @nba player. Read the interview on WWD.com #wwdfashion (📷: George Chinese)
Not only does #TheProfit return to CNBC tonight, but @marcuslemonis has launched @shopmarcus, a new shopping and lifestyle retail experience in Aspen and Chicago, with more locations to come. The retail stores offer in-store stylists and a variety of contemporary womenswear selections.
“It’s life, I’m going to face it,” @mingxi11 sighed. “I fell, but you know, I think the most important thing is that I get back up. I had the love, the help from my sister — the girl next to me Gizele [Oliveira] — she’s so nice. When I went backstage everybody was trying to comfort me like ‘Oh Ming, it’s OK.’ I’m really, really touched. I think it’s them who gave me the courage to go back on stage for the finale,” Xi told WWD of her fall at the @victoriassecret fashion show. (📷: David Fisher) #wwdfashion #vsfashionshow #victoriassecret
@louisvuitton tapped @therealpeterlindbergh for its latest city-centric photo book, which is part of a series called Fashion Eye. The primarily black and white book captures the spirit of Berlin in 57 images shot between 1989 and 2019. “Berlin is an inspiration for me, more than a city. I mean @millajovovich is simply Berlin!” said Lindbergh. #wwdfashion
“You know, I think audiences expect a certain performance so I have to deliver to them what they’re expecting to a certain degree. But I’m also a different actor and a different person, I have my own spin on the character,” says @noahegalvin of his takeover of the leading role in “Dear Evan Hansen” following the departure of @bensplatt, who originated the role. Read WWD’s interview with the 23-year-old actor on WWD.com #wwdeye (📷: @jilliansollazzo)
For pre-fall 2018, @etro created richly-colored wonderland, using tapestries, textiles and wallpapers from the Eastern world at large. The line featured floral and graphic prints and jacquard motifs, like this two-piece look featured here. #wwdfashion (📷: Giovanna Pavesi)
@kith is moving into children’s. The men’s and women’s streetwear brand has launched Kidset, a Kith kids line located in New York at 64 Bleecker Street. The line includes mini versions of staple Kith pieces like the Astor bomber jacket and the Kith box logo sweatshirts, along with a wall that can display up to 120 pairs of shoes from @adidas, @newbalance, @timberland and more. #wwdfashion
“I just wanted to create this fully rounded character, but I do think what excited me most was just the opportunity to give a group of people representation that I feel needs it. I like to do characters in projects that stand for something and Karolina definitely does, so that was really exciting to me,” @ginnygardner says of her new role in @hulu’s “The Runaways.” Gardner plays Karolina Dean, a queer superhero, which is a rarity for @marvel. Read more about Gardner’s character on WWD.com #wwdeye (📷: @dandoperalski)