The Estée Lauder Companies (ELC) has promoted Stéphane de La Faverie to group president.
In addition to his new role, de La Faverie will continue his role as global brand president of Estée Lauder and Aerin.
In his new role, de La Faverie’s portfolio of brands will include Jo Malone London, Aramis and Designer Fragrances, Le Labo, Darphin, Lab Series, By Kilian, Editions de Parfums Frédéric Malle, Rodin olio lusso and Prescriptives.
According to ELC, de La Faverie will oversee and drive ELC’s recently announced third brand cluster, which is focused primarily on artisanal and luxury fragrances. In addition to the company’s enterprise fragrance strategy, he will leverage his skin care expertise to drive differentiation for cult-favorite brands in this category, as well as opportunities in China and travel retail.
He will report directly to Fabrizio Freda, ELC's president and CEO, in his role as group president, and will continue to report to Jane Hertzmark Hudis, ELC's executive group president, for his global brand president responsibilities for Estée Lauder and Aerin.