Sephora CEO, Guillaume Motte, Ascends to LVMH Executive Committee Amid Major Reshuffle
In a momentous development for the beauty industry, Guillaume Motte, the President and CEO of Sephora, has been appointed to the LVMH Executive Committee. His tenure will commence from January 1, 2025. This strategic appointment is part of a larger C-suite reshuffle within the luxury conglomerate.
The announcement underscores LVMH’s commitment to bolstering its beauty division, with Sephora being a pivotal player in the company’s retail strategy. Motte has played a key role in broadening Sephora’s global footprint and spearheading its digital transformation initiatives.
Interparfums SA Launches New Fragrance Brand
In related fragrance industry news, Interparfums SA has unveiled Solférino, its proprietary brand featuring a collection of 10 premium scents. The company’s future plans include opening a boutique in Paris and expanding distribution through 100 doors worldwide.
“The launch of this new brand mirrors the company’s medium-term growth strategy in the extremely vibrant, high-end fragrance market,” Interparfums SA stated in a press release.
Source: CEW Beauty News