La Prairie Taps Lamont
La Prairie has appointed a brand new vice president, marketing, Americas/Oceania. Elizabeth Lamont will charge strategic marketing direction through all channels of distribution and oversee public relations and visual merchandising functions, effective since November 12. Responsible for North and South America, Australia and New Zealand, she will report to Francois Le Gloan, La Prairie’s president, Americas/Oceania.
“[Elizabeth] brings with her a wealth of knowledge with over twenty years of experience in the beauty industry,” Mr. Le Gloan stated, including international positions at L’Oréal, The Estée Lauder Companies, and, most recently, Bare Escentuals. “Her passion for La Prairie, deep understanding of the marketplace and acute attention to the needs of our consumers will play a key role in the continued growth of the brand.”
Stokols Joins Symrise
Rhona Stokols has been named vice president, fine fragrance sales for Symrise North America. With extensive industry experience in sales and marketing, Stokols will now be responsible for optimizing Symrise’s unique range of offerings within its Scent & Care division as well as creating distinctive brand solutions for the division’s clients. Stokols will report to Béatrice Mouleyre, Symrise’s senior vice president of global fine fragrance.
“As Symrise enters the second decade, we are excited about the leadership Rhona will bring to the fine fragrance sales team while keeping our longstanding reputation for entrepreneurial and creative partnerships at the forefront,” Mouleyre stated.
Siriano to Debut Fragrance
Luxury womenswear designer and Project Runway season four winner Christian Siriano has signed a fragrance licensing deal with The Fragrance Group. The scent is slated for next fall and will “symbolize the type of women I love to dress, who is stylish, sophisticated and powerful,” Siriano said.
Siriano’s creations are sold in Neiman Marcus and Nordstrom nationally—as well as his just-opened flagship store in New York. He also designs shoes and accessories in collaboration with Payless Shoe Source. The Fragrance Group is the exclusive U.S. distributor of the prestige brands Lalique, Bentley, Parfums de Marly and Tiziana Terenzi.
L’Oréal to Acquire Urban Decay
L’Oréal has signed an agreement with Castanea Partners to acquire the edgy, irreverent and fashion-forward Urban Decay brand. Created in 1996 by makeup expert Wende Zomnir in Newport Beach, California, Urban Decay recorded net sales of $130 million in the fiscal year ended June 2012. In the U.S., Urban Decay will report to Carol Hamilton, president of L’Oréal Luxe USA.
Makeup specialist brands represent 44% of the luxury color market, said L’Oréal. Urban Decay is distributed in the assisted self-service channel, including Ulta and Sephora, among others, which represents one of the fastest-growing segments in U.S. luxury retail, L’Oréal said. The brand is also sold on urbandecay.com and sephora.com.
“[Urban Decay] is the makeup specialist we needed to fully satisfy young women in search of playful colors and inspiration in selective distribution, at an accessible price point,” said Nicolas Hieronimus, president of L’Oréal Luxe. “It is totally additional to our existing propositions and as such it will contribute significantly to the growth of the division in the years to come.”
“The group will strengthen its position in two very dynamic distribution channels in the USA, ie assisted self-service and e-commerce,” said Frédéric Rozé, CEO of L’Oréal USA. Added Tim Warner, general manager, Urban Decay: “L’Oréal’s strong innovation capabilities and presence in every channel of distribution will enable Urban Decay to reach its full potential in the marketplace.”
Rey Joins Coty
Coty has announced the appointment of Marc Rey as president, Coty Prestige, U.S., and regional vice president, Coty Prestige, North America, effective January 2, 2013. Rey will be responsible for the current U.S. Coty Prestige portfolio, Coty Prestige Canada, philosophy and Sephora key accounts for the Americas, and will report from New York to Coty Prestige’s president, Jean Mortier.
"Marc's deep expertise within the beauty industry, his energetic, entrepreneurial approach to the business and his impeccable track record make us confident that he will lead our prestige business in North America to new heights,” said Michele Scannavini, Coty’s CEO.
Prior to his appointment, Rey served as the president of international designers collections at L’Oréal USA, overseeing the skin care, makeup and fragrance businesses for Ralph Lauren, Giorgio Armani, Yves Saint Laurent and Viktor & Rolf.
Rey replaces industry veteran Bob Cankes, who will retire after 14 years with Coty in the second half of this fiscal year. “[Bob] played a primary role in growing our prestige business from being a small challenger to now being a leader in the U.S. fragrance industry. We are grateful to Bob for his dedication and passion and we wish him a well-deserved retirement after more than forty years in the industry," Scannavini said.