Elle line at Kohl’s to include cosmetics collection
MENOMONEE FALLS, Wis. — Kohl’s and Lagardere Active are looking to expand the Elle-branded lifestyle collection into cosmetics, as well as fashion jewelry, in spring 2012.
The brand — which initially launched in 2007 and has since expanded from apparel into other categories, including shoes and home goods — will include a line of makeup, skin care, bath and nail products.
The line also will include runway-inspired jewelry, including necklaces, earrings, bracelets and rings.
Former Genentech executive named P&G board member
CINCINNATI — Procter & Gamble on Tuesday afternoon named a healthcare veteran to its board. Susan Desmond-Hellmann, 53, chancellor of the University of California, San Francisco, was named to the board, effective Dec. 13.
"[Desmond-Hellmann’s] breadth of experience in the healthcare industry and leadership within the academic community makes her a strong addition to our board," stated Robert McDonald, P&G chairman, president and CEO. "Her track record is outstanding, and her insights and perspectives will be invaluable." UCSF is dedicated to advancing health worldwide through innovative biomedical research, graduate-level education in the life sciences and health professions, and excellence in patient care, P&G noted.
Prior to being named chancellor of UCSF, Desmond-Hellmann served as president of product development at Genentech, a position she held from March 2004 through April 30, 2009. In this role, she was responsible for Genentech’s preclinical and clinical development, process research and development, business development and product portfolio management. During her 14 years at Genentech, several of the company’s patient therapeutics were approved by the Food and Drug Administration, and the company became the nation’s No. 1 producer of anti-cancer drug treatments.
For her outstanding contributions in the healthcare industry, Desmond-Hellmann has received numerous recognitions. In October 2010, she was named to the American Academy of Arts and Sciences and the Institute of Medicine. In November 2009, Forbes magazine named her as one of the world’s seven most "powerful innovators," calling her "a hero to legions of cancer patients." Other recognitions include being named to Fortune magazine’s "Top 50 Most Powerful Women in Business" list in 2001 and from 2003 to 2008.
L’Oréal USA expands SalonCentric division
NEW YORK — L’Oréal USA is extending its coverage of American hair salons by acquiring the professional distribution business of Peel’s Salon Services, a Nebraska-based company.
L’Oréal USA acquired Peel’s Salon Services through its SalonCentric division. Through the acquisition, the SalonCentric division is extending its distribution territory, now covering the vast majority of the United States.
Peel’s Salon Services, which has net sales of roughly $100 million, supplies hair salons in 12 states across the mid United States with a network of representatives and outlets for professionals.