Lauder Launches Planned To Drive Fiscal Second Half Sales
This article was originally published in The Rose Sheet
Executive Summary
Estee Lauder is planning a number of product launches in the fiscal second half to drive 9% top-line growth on a reported basis, President and CEO William Lauder announced during a Jan. 27 sales and earnings call, reviewing the firm's financials for the fiscal second quarter (ended Dec. 31)
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Lauder promotes Breen
President, Americas Thia Breen appointed president, Estee Lauder Americas and Global Business Development, effective immediately. She will report to Group President John Demsey. In her new role, Breen will be responsible for the "international business, financial control, and oversight of the new launch management function of the flagship Estee Lauder brand, in addition to her current oversight of the Americas business," Lauder notes. "Our international business is critical to Estee Lauder's growth moving forward and I am thrilled to extend Thia's vast experience in sales, applied marketing and retailing to Asia and Europe," Demsey says. Breen has served in various roles since joining the company in 1977; she was tapped president, Americas in January, 2005 (1"The Rose Sheet" Jan. 31, 2005, p. 7)...
Lauder promotes Breen
President, Americas Thia Breen appointed president, Estee Lauder Americas and Global Business Development, effective immediately. She will report to Group President John Demsey. In her new role, Breen will be responsible for the "international business, financial control, and oversight of the new launch management function of the flagship Estee Lauder brand, in addition to her current oversight of the Americas business," Lauder notes. "Our international business is critical to Estee Lauder's growth moving forward and I am thrilled to extend Thia's vast experience in sales, applied marketing and retailing to Asia and Europe," Demsey says. Breen has served in various roles since joining the company in 1977; she was tapped president, Americas in January, 2005 (1"The Rose Sheet" Jan. 31, 2005, p. 7)...
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