Avon Taps New Executive VP NEW YORK — Avon Products has recruited former Gillette executive Charles Cramb to the newly created post of executive vice president of finance and technology and chief financial officer.
Avon veteran Robert J. Corti, executive vice president and cfo, will retire after 30 years with the company.
Corti will remain at the company through the first quarter of 2006 in a "nonfinance-related capacity" to assist in the transition. In his new role, which takes effect Nov. 1, Cramb will report to Andrea Jung, Avon's chairman and chief executive officer. In a statement, Jung noted that the company decided to merge finance and technology under one umbrella because of the strategic links of these functions and in light of Crumb's experience in these areas.
Prior to his Avon appointment, Cramb served as senior vice president of finance and cfo for Gillette, where he spent 35 years working in various roles, such as vice president of finance and strategic planning, North Atlantic Group, and vice president and corporate controller. He was named to his most recent Gillette post in 1997.
In addition to his various financial positions, he headed Gillette's information technology division and most recently chaired the company's IT Advisory Council.
Corti was named Avon's executive vice president and cfo in 1998. Jung credited him with being "instrumental in helping the company adapt to sweeping changes in the regulatory environment." She added that, under his leadership, "the company has maintained an exceptionally strong balance sheet and generated record levels of cash flow."
NPD Signs Deal With TNS Infratest NEW YORK — The NPD Group, which monitors consumer purchasing patterns, said Wednesday it has signed a nonbinding letter of intent to acquire the Italian perfumery tracking business of TNS Infratest, an Italian subsidiary of international market information provider Taylor Nelson Sofres. A definitive agreement is expected to be hammered out later this month.
In a separate development, TNS's French subsidiary, Secodip TNS, said it will cease tracking selective-distribution beauty sales in France by the end of the year. According to a source at the company, it will honor current contracts with clients to the end of the year, and will deliver final research reports in early 2006.TNS Secodip tracks sales in selective perfumeries in France, providing a range of data, including brand and market share rankings.
NPD, based in Port Washington, N.Y., has been expanding its beauty tracking service overseas. It already operates in France and the firm intends to expand elsewhere in Europe beyond Italy.
"This is an exciting step forward and paves the way for future expansion of our Selective Beauty business in Europe and Asia," stated Andy Tarshis, president of NPD Europe. "We're committed to growing our business and moving into new markets in order to provide the industry with a more global resource to meet its evolving needs for information and insights."
"Beauty tracking is a core business for NPD," added Martine Ringwald, director, NPD Beauty Europe.
“Azzedine has been one of the biggest influences in my life. He has always been such a strong, loving, fatherly figure to me. I call him Papa. His designs are indescribably unique, they are pieces of art. He knew how to make the female form look its loveliest. I have so many memories of him; my favorite might be during my first show with him in Paris. He liked me and he wanted to help me get more work. He called all his friends at Kenzo and Comme des Garcons, and asked them to book me. They said, ‘But she can’t walk!’ And he said, ‘but she has such a great ass!' His friendship and support has been the great privilege of my career. I can't imagine life without him. Repose en paix mon Papa.” - @stephanieseymour tells @wwd. #wwdfashion (📷: @steveeichner) #alaia #azzedinealaia
Azzedine Alaïa, flanked by two of his closest friends, models Stephanie Seymour and Naomi Campbell.
He designed Seymour’s dress for her 1995 wedding to Peter Brant, and treated Campbell (who famously called him Papa), like a daughter. For more on the legendary designer, tap the link in bio. #wwdfashion #alaia #azzedinealaia
Azzedine Alaïa's “I-did-it-my-way” ethos stood out starkly at a time when brands are experimenting with consumer-facing fashion shows, coed formats and trans-seasonal collections – anything to perk up lackluster sales of ready-to-wear in an age of Insta-everything. “It’s not creation anymore. This becomes a purely industrial approach,” the late designer told WWD in an interview last year. “But anyway, the rhythm of collections is so stupid. It’s unsustainable. There are too many collections.” Read more about the iconic designer’s life and work on wwd.com, link in bio. #wwdfashion #azzedinealaia (📷: @WWD Archive, 1986) #alaia
Sneaker reselling app @goat’s latest exhibit, "The Greatest: New York," tells the story of New York's sneaker culture. To celebrate the exhibit, an intimate crowd gathered on Thursday night at the pop-up gallery space, located at Platform in Culver City, to hear guest speaker and illustrator @esymai talk about her own rise in streetwear and women in the business. "For me I'm just someone who is creative. I like to create things," said Chang. #wwdfashion
Azzedine Alaïa, one of the most iconic couturiers of the modern era whose body-con designs defined Eighties fashion, has died in Paris. The diminutive Tunisian-born designer, known for his structured knitted dresses with fitted waists and impeccably cut, figure-hugging second skin silhouettes was deeply admired by his peers, and counted supermodel Naomi Campbell - his adoptive daughter - among his inner circle, one of a gang of glamazons including Farida Khelfa, Carla Bruni and Stephanie Seymour who became ambassadors of his style. (📷: Alexandre Guirkinger) #wwdblast