People In Brief
This article was originally published in The Rose Sheet
Executive Summary
The Estee Lauder Companies adds responsibilities for two executives, while Coty names a new US Prestige president. More people news in brief.
You may also be interested in...
Coty Aims To Hit High Note With Katy Perry Fragrance
Coty Inc. and Katy Perry combine the mega-hit recording artist’s strength, confidence, humor and artistic vision in launching her Killer Queen fragrance and associated marketing campaign.
Coty Projects Slight Q1 Decline, Citing “Drastic Drop” In Nail Segment
Coty is holding off on full-year projections until it gains visibility into the back-to-school and Christmas seasons, but expects first-quarter revenues to be down, largely due to a significant decline in nail-care consumption. The newly public firm looks to offset retailer destocking with innovations across its portfolio, previewed during its fiscal 2013 fourth-quarter and year-end earnings call.
J&J CEO Choice Keeps Consumer Business At Low Priority
Alex Gorsky will replace William Weldon as J&J CEO in April. Like his predecessor, who has led during a time of extensive OTC recalls, Gorsky’s experience with J&J comprises management of Rx pharmaceutical and medical device businesses, with no consumer background.