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1 month ago | 
wwd.com | Jenny B. Fine
We live in volatile times. To understand how the leaders who are speaking at the 2025 WWD Beauty CEO Summit are approaching both the challenges - and opportunities - around operating in such a complex global environment, we asked them to share their thoughts with us on the key issues of today. For many - the bigger the challenge, the more exciting the opportunity. We asked: As you look to the next 12-24 months, what's the big idea that's going to move your business forward?
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1 month ago | 
wwd.com | Jenny B. Fine
Once a riot of damask, chintz and stately gold drapery, the 40th-floor reception area of the Estée Lauder Cos. New York City headquarters was redecorated after the pandemic in creamy shades of ecru, beige and fawn, with elegant orchids resting on marble-topped tables and discreet silver-framed family portraits scattered throughout.
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1 month ago | 
wwd.com | Jenny B. Fine
THE INNOVATORSNo risk, no reward is an adage that is particularly true during volatile times. To find out how beauty's most creative companies foster a spirit of experimentation, we asked: At a time when differentiation and fresh thinking are critical, how do you foster a culture of innovation?
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1 month ago | 
wwd.com | Jenny B. Fine
We live in volatile times. To understand how the leaders who are speaking at the 2025 WWD Beauty CEO Summit are approaching both the challenges - and opportunities - around operating in such a complex global environment, we asked them to share their thoughts with us. We asked: As you look to the next 12-24 months, what is a key issue the industry faces and how do we rise to the challenge? Michel Brousset, founder and CEO, WaldencastThe beauty industry is at a pivotal moment.
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1 month ago | 
wwd.com | Jenny B. Fine
It's Carol Hamilton's last official week at L'Oréal, and the executive is in her happy space: the 100,000-square foot West Coast campus of the world's largest beauty company, which she was charged with designing and executing during the dark days of the pandemic.
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1 month ago | 
wwd.com | Alex Wynne |Jenny B. Fine |Faye Brookman |Emily Burns |Kathryn Hopkins |Noor Lobad | +5 more
Speed and agility were the buzzwords of 2024, so it's apropos that beauty sales broke the $250 billion barrier for the first time last year. But there are clouds on the horizon. What's clear from the 2024 WWD Beauty Inc Top 100, our annual ranking of the world's largest beauty companies by sales, is that the industry is undergoing seismic shifts as a result of geopolitical tensions, technological advances and a consumer landscape that is more complex than ever before.
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2 months ago | 
wwd.com | Lisa Lockwood |Samantha Conti |Joelle Diderich |Luisa Zargani |Jenny B. Fine |David Moin
Industry executives paid tribute Monday to Burt Tansky, the former chief executive officer of Neiman Marcus Group who died Sunday at the age of 87. Known for his business acumen, love of product and wit, Tansky attracted a wide circle of friends and colleagues both in the U.S. and abroad, who praised his talent for building luxury businesses, scouting talent and mentoring employees. Here's what they had to say:Barry Schwartz, cofounder and former chairman of Calvin Klein Inc.
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2 months ago | 
wwd.com | Jenny B. Fine
The number of potential consumers in the U.S. is expected to increase by 12 million over the next five years, Nicolas Hieronimus, L'Oréal 's chief executive officer, shared during a recent analyst meeting. So to mine that opportunity, L'Oréal is spending - a lot. Last week, the company unveiled its newest research and innovation center in Clark, N.J., a $160 million, 250,000-square-foot hub that is the company's largest R&D facility outside of its home country, France.
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Feb 5, 2025 | 
wwd.com | Jenny B. Fine
Carol Hamilton, a key architect of the growth of L’Oréal USA, will retire from the company on May 1. During the course of her 40-year career there, Hamilton has played a role in almost every area of the business. She joined the consumer products division as a marketing director for L’Oréal Paris in 1984, becoming U.S. brand president in 2000 and then global brand president of what is now the world’s largest beauty brand.
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Feb 4, 2025 | 
wwd.com | Faye Brookman |Jenny B. Fine
The weather was cold and dreary, but the mood in Miami for the second iteration of Cosmoprof Miami, held Jan. 21-23, was upbeat. The event attracted about 19,000 attendees from 115 different countries — largely on track with last year — and a slew of new exhibitors. The number of fragrance brands, for example, doubled, while the number of skin care and makeup brands were each up by about 25 percent.
