Three years after his nail-care company, OPI, was purchased by Coty, founder and chief executive officer George Schaeffer is stepping down.
Schaeffer will remain involved with the company he founded in 1981 via a newly created role as OPI’s strategic board adviser.
“George puts his heart into everything that he does: the OPI business, the professional nail-care industry and his philanthropy,” stated Michele Scannavini, ceo of Coty Inc. “I would like to thank George for his commitment over the years and wish him continued success in the future.”
Schaeffer’s departure comes weeks after John Heffner, OPI’s former president, decamped to become ceo of Drybar. Stepping into Heffner’s role is Mary van Praag, who currently manages Coty Canada, whom Scannavini credits with helping to turn Coty Canada’s mass channel business around and building a stronger organization. Van Praag’s appointment is effective Jan. 1.
“Mary’s strong business acumen, category knowledge and diverse work experience will be key assets in expanding the OPI brand business internationally,” said Renato Semerari, president of Coty Beauty. “She has been a star performer within the organization for many years, and I’m confident that there is no candidate more qualified than Mary for this important role.”
Schaeffer also plans to focus on his charitable organization, the Schaeffer Family Foundation, which supports health-related causes and children’s education.
@margotrobbie steps out onto the red carpet wearing @miumiu. The actress is nominated for “Outstanding Performance by a Female Actor in a Leading Role” in “I, Tonya” at the #SagAwards. (📷: Stewart Cook) #wwdfashion
For @massimogiorgetti of @msgm, the Nineties are his favorite decade. “They had a huge impact on my personal growth. What I like of the Nineties is that they are not so precise in terms of style as other decades…there was actually a bit of everything,” he said. As seen on MSGM’s Spring 2018 show: tie-dye and a bit of grunge, two styles that are synonymous with the decade #wwdfashion #wwddecades (📷: @kukukuba)
Breaking News: @hedislimane joins @celine as its new artistic, creative and image director. One of fashion’s preeminent image-makers and trendsetters, Slimane is to join the LVMH brand on Feb. 1 and unveil his first fashion proposition for men and women next September during Paris Fashion Week. It marks a major homecoming for Slimane, who cemented his reputation – and influenced men’s tailoring for more than a decade – as the designer of Dior Homme between 2000 and 2007. He went on to reinvent and ignite the house of Yves Saint Laurent, which he rechristened Saint Laurent, between 2012 and 2016 – all the while maintaining a close relationship with the Arnault family, which controls LVMH and Dior. Read the full exclusive story on WWD.com. Link in bio. #wwdnews #wwdfashion
“Personally I believe the Eighties have been the richest and more vivacious period for international fashion,” Giorgio Armani said when asked what his favorite decade of fashion is. It was a moment of disruption and experimentation and only thinking back to the first years of that decade is always an emotion for me, for what they have meant to me and my work.” The influence is clear in @giorgioarmani spring 2018 collection, pictured here, which was full of bright colors and unexpected prints. Read more about which decades designers loved most on WWD.com #wwdfashion #wwddecades (📷: @aitorrosasphoto)
For Lady Gaga’s only Italian show on her “Joanne World Tour,” the singer wore a range of @versace_official outfits. The standout piece: this custom-made bodysuit inspired by the brand’s spring 2018 collection. #wwdfashion (RG: @ladygaga)
@_camillaruth_ is expanding on the wellness-craze concept with @westbourne – a new NYC restaurant that’s both a healthy-minded café as well as a business that gives back to the community. Marcus works with the Robin Hood foundation to give back to The Door, a non-profit providing youth development services, and also hires employees through The Door. Read our full interview with Marcus on giving back through food on WWD.com. #wwdeye (📷: @lexieblacklock)