Thia Breen and Lynne Greene have been named group presidents at the Estée Lauder Cos. Inc., effective Jan. 1, as a reward for their performances and an acknowledgment of the importance of the territory and brands they manage.
These promotions will double the number of group presidents at Lauder. Breen and Greene will join the two existing group presidents — John Demsey and Cedric Prouve.
Fabrizio Freda, president and chief executive officer of Lauder, said the promotions are part of a number of realignments and adjustments, also slated for January, that are designed to reward people with bigger responsibilities to create opportunities for growth, thereby leveraging the talents within the organization. “I will continue to fine-tune the organization to make sure it is in alignment with the strategy of growing the brands globally while making sure they are more locally relevant,” he said. RELATED STORY: Good Cheer Buoys Estée Lauder Stockholder Meeting >>
This fine-tuning is necessary, he continued, because the company has grown dramatically since the last company-wide reorganization in 2009. Since then, Lauder’s sales volume has grown by $2.5 billion to roughly $10 billion, the company has added $15 billion in capitalization and shareholder return has increased by 242 percent, he said, declaring that the figures add up to the best performance in the industry.
Freda added that much of this success was sparked by the dynamic growth — particularly in China — of the company’s oldest institution, the Estée Lauder brand. For this, he singled out the work of Jane Hertzmark Hudis, global president of the brand.
Breen’s current title is president of North America, Lauder’s home market. Despite its large size, Freda described North America as “one of the fastest-growing regions.” It is also one of the most complex. Freda said there are retail accounts within the U.S. that are as large as some of Lauder’s foreign markets. And these giant retailers require a commensurate amount of attention. “Thia has done a great job in creating an account management structure,” he said. Her responsibilities will be expanded in January with the upgrading of the Canadian territory as a full-fledged Lauder affiliate, complete with a newly named general manager.
Greene, who has been global president of Clinique, Origins and Ojon, has built Clinique into the biggest prestige brand in the U.S., Freda said, and “Origins has been very successful.” As a new group president, she will gain responsibility for the hair salon brand Aveda and the European pharmacy-oriented brand Darphin.
Taking the final spot on the mens’ portion of New York Fashion Week calendar next month will be none other than @tomford. Though he’s shown his men’s wear in New York in the past, this will mark the first time the designer has shown his men’s collection alone during New York Fashion Week: Men’s. His runway show will debut on February 6 at the Park Avenue Armory. #wwdfashion
London-based couture house @ralphandrusso has certainly been in the spotlight, having its dresses worn by @beyonce, Angelina Jolie, Meghan Markle in her engagement photos and more. For couture, Tamara Ralph focused on ornamentation — think: feathers with chain mail, jet embroidery and clusters of pearls and crystals. See the rest of the collection on WWD.com #wwdfashion #couture (📷: @giovanni_giannoni_photo)
Minnie Mouse celebrated her 90th birthday by getting her own star on the Hollywood Walk of Fame. For her celebratory luncheon, @coach’s creative director @stuartvevers dressed her in a custom made prairie dress, complete with Vever’s take on the polka dot – black sequined versions – under a cropped motorcycle jacket. The designer also put his own mark on Minnie’s classic red shoes, infusing the color with sparkles and adding some Coach crystals. “We chose colors that were very Minnie and also represented quintessential Coach elements,” said Vevers. #wwdfashion #nationalpolkadotday (📷: George Chinsee)
@nickjonas is unveiling his first-ever apparel collection through a partnership with John Varvatos. The limited-edition capsule, which makes its debut in spring, also marks the first time the designer has collaborated with anyone on a line. “The process in working with Nick is amazing. It’s inspiring to be around someone who is not only connected with the trade that they do, but also with what’s happening in the environment around him, and how that connects to what we do with style,” said Varvatos. (RG: @johnvarvatos) #wwdfashion
@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)