The NPD Group has a new head of its U.S. beauty division — Lori Monaco.
Monaco was most recently president of the firm’s fashion footwear, accessories and luxury divisions. At her new role as president of U.S. beauty, Monaco will be responsible for overseeing NPD’s portfolio of beauty services and product offerings.
She has been with NPD since 2003, working across fashion, footwear, accessories, food, beverage and packaged goods. At NPD, she helped spearhead the firm’s tracking of watches and jewelry.
“Lori’s passion and enthusiasm resonates not only within the NPD organization, but makes her a highly respected and well-known presence in the industries she touches. As we look to take our beauty business to the next level, Lori’s expertise will allow us to partner with clients in new and different ways, and identify additional opportunities to help grow their businesses,” said Joanne Sackett, president of NPD’s Softlines sector.
“Exciting changes are under way in the beauty space — an industry which, in many ways, is setting a precedent for others. I am thrilled to be part of the industry during this critical moment in its evolution, and leading a talented NPD team with the data assets and industry expertise to guide our clients during this competitive, yet opportunistic time,” said Monaco.
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Sarah Bloch is assuming the role of commercial lead for NPD’s fashion footwear and accessories practices. She has been with NPD for three years, and has more than 16 years of experience in the footwear industry.
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