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Pablo Munoz to oversee turnaround of Avon's North American business.
Senior Euromonitor analyst Oru Mohiuddin notes, "With a forecast 5.2% CAGR, the Middle East and Africa is set to be the second leading regional market for beauty and personal care over 2012–2017."
The fragrance company's largest markets—North America, Western Europe and Asia—saw sales increases of 28%, 24% and 29%, respectively, while Eastern Europe, the Middle East, and Central and South America reported sales increases of 96%, 9% and 41%, respectively.
Having outgrown its current location, Murad has committed to a $35 million investment that will result in a new, 45,000-square-foot global headquarters in El Segundo, California.
The company's beauty care division increased its organic global sales 4% for the quarter.
The move helps sustain Nest Fragrances' international growth and development.
Lisa Green takes on the role, directing merchandising strategy and vendor relations, as well as identifying and acquiring new brands to continue to evolve Beauty Brands' product mix.
The beauty brand is working with NBC show Fashion Star and interactive TV company Brightline to help engage TV viewers.
Estée Lauder’s good performance was broad based, generating local currency sales gains in each of its geographic regions and most product categories.
Sharilyn Abbajay has been announced as the new senior vice president of spa operations and retail development for Elizabeth Arden Red Door Spa.