Beauty Store Business magazine - January, 2020

Estée Lauder

Estée Lauder Acquires Dr. Jart +

The Estée Lauder Companies has acquired Have & Be Co. Ltd., the company that owns global skincare brand Dr. Jart+ and men’s grooming brand Do The Right Thing. This new found partnership between Estée Lauder and Dr. Jart+ will helped further strengthen Estée’s leadership position within the skincare segment of the beauty industry and will help expand its reach in Asia/Pacific, North America and the UK. Estée Lauder expects net sales to increase by $500 million as a result of the acquisition.

Estée Lauder Recruits Top Technology Talent With CIO, Michael Smith

The Estée Lauder Companies recently announced that Michael Smith has joined the company as senior vice president, Global Information Services, and chief information officer (CIO). For more than 25 years, Smith has held high-level technology leadership positions, including 22 years with Nike where he had multiple brand and technology roles. He is currently a member of multiple advisory boards, and has joined Estée Lauder from Boma Technologies, a technology consulting company that he founded and served as chief executive officer.

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.

Beauty Brands Appoints Green as Senior Vice President of Merchandise

Beauty Brands Appoints Green as Senior Vice President of Merchandise

Beauty Brands—which has 54 salons/spas/stores in 11 states, including "the studio" featuring prestige makeup and skincare brands now at all sites, as well as a website it sells off of—recently named Lisa Green as its senior vice president of merchandise.

A seasoned veteran with more than 20 years of experience, Green has an extensive background in merchandising and comes to Beauty Brands from philosophy, where she led a successful team and chaired numerous accounts—including Beauty Brands.