NEW YORK–(BUSINESS WIRE)–Coty Inc. (NYSE: COTY), one of many world’s main magnificence corporations and the worldwide chief in fragrances, right now introduced the promotion of Andrew Stanleick to Chief Government Officer (CEO) for the wonder enterprise created by Kylie Jenner. As well as, Stanleick may even handle Kim Kardashian West’s enterprise for Coty with a spotlight for each manufacturers on driving international enlargement and entry into new magnificence classes. Each companies are a part of Coty’s status manufacturers.
Stanleick, who is predicated in New York Metropolis, will assume his new international obligations along with his present function as Coty EVP Americas.
Commenting on the announcement, Sue Y. Nabi, Coty’s CEO, stated, “Andrew is a really skilled and revered Coty chief who has demonstrated robust enterprise improvement acumen, strategic rigor, and buyer orientation. He’s nicely positioned to additional develop Kim and Kylie’s magnificence companies. It is a nice alternative for Andrew and Coty to completely leverage our international data and capabilities in R&D, manufacturing, distribution, industrial and go-to-market experience. Mix this with our deep understanding of the fragrances, cosmetics and skincare classes and you’ve got a recipe for achievement.”
Kris Jenner, who held the function of interim CEO, will stay carefully concerned within the strategic partnerships between Kylie Cosmetics and Kylie Pores and skin, KKW Magnificence and Coty as a Board member, together with the each day obligations she has held alongside Kylie for the reason that launch of the model in 2015. Coty with Kris, Kim and Kylie will proceed to set and lead the strategic route of each partnerships, specializing in international enlargement and entry into new magnificence classes. Each Kim and Kylie and their groups will proceed to guide all artistic efforts when it comes to product and communication initiatives, constructing on their unrivalled international attain capabilities via social media.
Of the announcement, Kris Jenner stated: “Andrew is a magnificence trade veteran with a confirmed observe report of increasing manufacturers into international markets and we very a lot look ahead to working carefully with him to additional speed up the companies.”
Andrew Stanleick, stated:
“It’s an awesome honor to imagine this added accountability and lead these iconic manufacturers, which have performed such an vital function in revolutionizing the best way the wonder trade works right now. Now we have a transparent plan in place to speed up progress and guarantee these companies are in a position to proceed to ship excellent merchandise which might be new, revolutionary and sustainable. For Kylie’s magnificence enterprise, this features a refreshed cosmetics product assortment, an omnichannel strategy, and a best-in-class DTC web site and platform which is able to lastly enable shoppers to seamlessly store the total assortment of her cosmetics and skincare merchandise. It’s a really thrilling time for everybody concerned and we have now a implausible alternative to construct one thing very particular collectively.”
Stanleick is a magnificence and luxurious items trade veteran with over 20 years of multi-channel, multi-category expertise in advertising and marketing and common administration roles. He brings a novel international perspective having served in management roles in eight nations throughout 4 continents. Stanleick joined Coty in September 2017, following practically 5 years on the US luxurious model COACH, the place he served as President & CEO for COACH Europe. Previous to COACH, Stanleick labored at L’Oréal from 2000-2013 throughout a variety of management roles in Europe, Russia and Asia. He started his profession at Unilever, working in model administration and gross sales. Since becoming a member of Coty he has led the transformation of the Coty Americas enterprise, most notably with US luxurious returning to omni-channel market share progress for the primary time in three years. Inside Shopper Magnificence, he has pushed the turnaround of Sally Hansen and returned COVERGIRL to market share progress for the first time in over 4 years on the again of the profitable launches of Clear Contemporary basis and Clear mascara.
About Coty Inc.
Coty is likely one of the world’s largest magnificence corporations with an iconic portfolio of manufacturers throughout perfume, coloration cosmetics, and pores and skin and physique care. Coty is the worldwide chief in perfume and quantity three in coloration cosmetics. Coty’s merchandise are offered in over 150 nations around the globe. Coty and its manufacturers are dedicated to a variety of social causes in addition to looking for to reduce its influence on the atmosphere. For added details about Coty Inc., please go to www.coty.com.