Beauty Store Business magazine - November, 2019

Coty

COTY Announces New Organizational Structure, Future Executive Team

COTY has announced a new organizational structure and the future leadership team for the company, both of which will become effective when its merger with the Procter & Gamble Specialty Beauty Business (including fine fragrance, color cosmetics, salon professional and hair color and styling businesses) is complete—which is expected in the second half of 2016.

Scent-Sational Sherri!

Sherri Sebastian, owner of fragrance brand Sebastian Signs, discusses the growing indie perfume movement - and how retailers can tap into the trend.

Sporting a diverse background - forays in chemistry, food and winemaking - Sherri Sebastian always knew she'd find herself steeped in the science of fragrance. She began as a professional perfumer in New York, developing scents for major brands, including Coty and Estée Lauder, but Sebastian eventually recognized the need for fragrances designed to satisfy the growing legions of customers who seek artisan and eco-friendly solutions.

March of Dimes New York Division Kicks Off New Spirit of Beauty Luncheon

March of Dimes New York Division Kicks Off New Spirit of Beauty Luncheon

The first-ever March of Dimes New York Division Spirit of Beauty Luncheon is set to take place May 12 at Cipriani in New York City and become an annual event. As a nonprofit, March of Dimes focuses on supporting pregnancy and baby health.

The Spirit of Beauty Luncheon will honor Sarah Brown, Vogue beauty director; Mally Roncal, Mally Beauty president and founder; and Jacquie Tractenberg, Tractenberg & Co. president.

Coty Announces Retirement of OPI's Founder/CEO, a New Role for Schaeffer & a New GM in 2014

Coty Announces Retirement of OPI's Founder/CEO, a New Role for Him & a New GM

Coty announced Nov. 21 the retirement of OPI founder and CEO George Schaeffer. The beauty-industry legend will continue to work with OPI's management team through a newly created role as OPI's strategic board adviser.

The global beauty company also announced that it has appointed Mary van Praag (pictured) to OPI general manager. She will begin her new role on Jan. 1, 2014, replacing John Heffner, who has left OPI to become CEO of Drybar.