Tag: STÉPHANE DE LA FAVERIE
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Ronald S. Lauder Retires from Estée Lauder Companies’ Board of Directors
Ronald S. Lauder is retiring from the Estée Lauder Companies’ board, designating his daughter Jane and son-in-law Eric Zinterhofer as his successors. Lauder joined ELC in 1964 and has held various positions, remaining committed to the company as Chairman of Clinique Laboratories. The announcement follows recent notable departures from the board, marking a significant transition…
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The Best of BoF 2024: Insights into the Beauty Industry’s Evolution
The article outlines key events in the beauty sector in 2024, focusing on leadership changes at Estée Lauder, market shifts for Puig and L’Occitane, and a general decline in consumer spending affecting major brands. It discusses the industry’s challenges and strategic responses in anticipation of 2025, emphasizing the importance of innovation and cost management. The…