Philosophy Inc., the prestige beauty brand, is in the market for a new chief executive officer following Michael McNamara’s decision to exit.
The Chandler, Ariz.-based company said Thursday the board and McNamara have “mutually agreed” not to renew his contract, which expired May 15. While a new ceo is sought, Ken Stevens will act as interim chief, and founder Cristina Carlino will continue as executive chairman.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)