Travis, who will assume her new position on August 20, replaces the retiring Richard W. Kunes, who said in August 2011 that he would retire from his current role on June 30, 2012, at the end of Lauder’s fiscal year. Kunes has been named executive vice president and senior advisor to the chief executive officer, and will work on special projects after assisting Travis through the transition.
In her new role, Travis will report jointly to William Lauder, executive chairman, and Fabrizio Freda, president and ceo.
Travis most recently was senior vice president and chief financial officer of the Ralph Lauren Corp., where she oversaw global finance, internal audits, treasury, tax, business development, investor relations and global information technology. Before joining Ralph Lauren, Travis was senior vice president of finance and chief financial officer of intimate brands for Limited Brands Inc.
“[Tracey’s] broad background in all facets of global finance will be a tremendous asset to our growing organization,” Lauder said. “I also want to thank Rick for his immeasurable contributions as cfo for the last 12 years. Under his tenure, the company has achieved record financial results. Among his many accomplishments, he has helped implement greater financial discipline and developed a strong team that has positioned us as the leader in global prestige beauty.”
Added Freda: “I am looking forward to working closely with Tracey as we continue to implement the company’s successful long-term growth and profitability improvement strategy and strive for even greater global financial successes in the years ahead. Tracey has valuable business experience in consumer products, luxury brands, operations and finance and we believe her skills and background will be a terrific fit with our company and will help us continue to drive value creation for our stockholders.”
In her new role, Travis will be a member of Lauder’s executive leadership team, program management team, investment development committee, fiduciary investment committee and corporate risk management committee.
“These collections continue to build on that vision, empowering differently abled adults to express themselves through fashion,” said @tommyhilfiger of his line of adaptive apparel, which launches today. The line consists of 37 men’s and 34 women’s styles based upon the pieces from the spring Tommy Hilfiger sportswear collection. #wwdnews
“Stranger Things” is getting a new cast member for season 2. Meet @sadiesink_, the 15-year-old who will be joining the Netflix series for its new season. You may recognize her from “The Glass Castle” with Brie Larson and Woody Harrelson, but the Texas native’s next role goes in an entirely different direction. She describes her character, Max, as “a rough and tumble skater girl [who] becomes friends with the boys at school.” The second season debuts on October 27. (📷: @jgreenery) #wwdeye
Amid the Harvey Weinstein controversy, there’s another sector that’s being put under the spotlight for sexual abuse: the modeling industry. While rumors about abuse and sexual harassment of female and male models — and the photographers, agents and others who perpetrated it — have circulated within the fashion world for years, model @cameronrussell started posting stories from models on Instagram last week about abusive situations they’ve encountered — from sexual harassment and molestation to attempted rape. Over 75 have weighed in so far. Read more on WWD.com. Link in bio. #wwdnews
To celebrate its 16th anniversary, @dylanscandybar tapped designers and celebrities to create mosaics out of candy. The mosaics will be auctioned off to support the philanthropic cause of each participant’s choice. Pictured here is the mural created by @aliceandolivia's Stacey Bendet. For a first look at some of the other artwork being unveiled tonight, go to WWD.com. #wwdeye
The annual Veuve Clicquot Polo Classic in Pacific Palisades this weekend drew Kate Hudson, Tracee Ellis Ross, Laura Dern and more. See pictures of the star-studded event on WWD.com. (📷: @chelsealaurenla) #wwdeye
In his new book “Hollywood Royale,” Andy Warhol’s Protégé Matthew Rolston celebrates the Eighties revival of Hollywood glamour. Featuring more than 100 portraits taken by Rolston from 1977 to 1993, the book contains photos of icons like Michael Jackson, Cyndi Lauper, and @drewbarrymore, pictured here in 1991. “Hollywood Royale,” out today, will be accompanied by an exhibition opening at Los Angeles’ Fahey/Klein Gallery on March 1. #wwdeye
"Nowadays when life is not so happy with everything going on in the world, I think people come to me for a little bit of whimsy and color and fun." - Designer Rebecca De Ravenel on her cult-favorite jewelry line. (📸 : @vsteves) #wwd40
“Everyone is talking about how the retail industry is struggling, but I think it’s an incredible time because brands who are doing something different and innovative are setting themselves up for the future,” said @adamgoldston, who founded the luxury athletic brand @apl with his brother @ryangoldsten. The Goldston’s are part of WWD’s 40 under 40: a group of industry notables. See the rest of the list on WWD.com. (📷: @vsteves) #wwd40
@eyeswoon blogger Athena Calderone debuted her first-ever cookbook, “Cook Beautiful,” which is heavily centered on the presentation and visual expression of food. Pictured here are her miso glazed carrots from the book. Get the recipe on WWD.com. (📷: @johnny_miller_) #wwdeye