Procter & Gamble has placed a 28-year company veteran at the head of its global beauty business, according to a report by USA Today. Alex Keith, who has led P&G’s skin and personal care since 2014, will succeed Patrice Louvet, who was recently named CEO of Ralph Lauren. Taking Keith’s place will be VP and SK-II brand franchise leader Markus Strobel, the report said. (USA Today)
Coty said that chief scientific officer Ralph Macchio’s retirement had been planned for a couple years, but that he had agreed to postpone it until after the company’s merger and integration with Procter and Gamble’s beauty business.
Most brands still have a long way to go to live up to the promise of personalized, 1-to-1 relationships with customers that the Internet was supposed to facilitate, according to Evan Neufeld, VP of intelligence at benchmarking firm L2.
What can retailers do to create a better proposition for the New General Market? Where are the opportunities? How can retailers and brands work together to cultivate New General Market consumers and foster their success? These were the key questions executives at the third annual New General Market Summit faced in a series of vendor panel discussions.
Lena Jouran joins Smith Drug from Walgreens, where she was finance director, pharmacy procurement, supply chain and Rx insights — a role in which the teams she led supported business units managing more than $4 billion of inventory.
Industry leaders talk soulful brands, doing good and operating with purpose at the third annual New General Market Summit. In this special report, DSN highlights the big ideas and best practices that emerged from the event.
The CHU Sainte-Justine Foundation expressed gratitude for the ties that have been forged with the Coutu family by naming a pavilion after them within the CHU Sainte-Justine's new Specialized Care Building.