She spent two decades at L’Oréal, where she led L’Oréal Paris and Lancôme and championed diversity before exiting to launch her own clean, vegan, luxury skin-care line, Orveda. Nabi, a transgender woman, takes the chief executive officer helm at Coty as the sixth ceo in the five years since the company paid $12.5 billion to take over the ailing beauty portfolio of Procter & Gamble.
At its core, what Nabi’s appointment means for women is that getting the ceo job is possible, Mason said. There is certainly a lot of cleanup involved in Nabi’s role at Coty, where she not only has the business distress of the coronavirus pandemic to deal with, but also the turnaround of struggling mass market makeup brand Cover Girl and relationship management with Coty’s fragrance licensees — like Kering ceo François-Henri Pinault, who has publicly vocalized dissatisfaction with Coty’s handling of the Gucci Beauty license.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Experts discuss how Sue Nabi can turn global beauty brand Coty around - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Employees of One Kings Lane Sue Private Equity Firm Over Pregnancy DiscriminationJust a few weeks after an executive sued SoulCycle for firing her mid-maternity leave, two corporate employees of the home decor business One Kings Lane have filed a lawsuit claiming the private equity firm CSC Generation discriminated against them based on their pregnancies. The suit alleges the employees were indefinitely furloughed just weeks before their scheduled maternity leaves, and that an HR manager was “laughed at” by CSC leadership when she requested the company honor previously negotiated benefits.\n
Source: Jezebel - 🏆 153. / 63 Read more »
Sue Nabi’s Coty Will Focus on D-t-c and Good Beauty ProductsCoty's new ceo Sue Nabi is ready to refocus the ailing company on some key tenets of the beauty business — like good products.
Source: wwd - 🏆 24. / 68 Read more »
Experts discuss how Sue Nabi can turn global beauty brand Coty around - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Sue Nabi’s Coty Will Focus on D-t-c and Good Beauty ProductsCoty's new ceo Sue Nabi is ready to refocus the ailing company on some key tenets of the beauty business — like good products.
Source: wwd - 🏆 24. / 68 Read more »