Nicolas Hieronimus Appointed L’Oréal CEO

Apr 21st, 2021

Jacquelyn Schlabach

Nicolas Hieronimus has been with L’Oréal for 34 years.

Nicolas Hieronimus has been with L’Oréal for 34 years.

L’Oréal has appointed Nicolas Hieronimus CEO, succeeding Jean-Paul Agon, effective May 1, 2021.

Agon has been CEO of L’Oréal since 2006. He announced he would step down from his role in July 2020. Agon will continue to fulfull the role of chairman of the board of directors.

Further reading: L'Oreal's 2030 Sustainability Goals

Hieronimus, who has been with L’Oréal for 34 years, will become the sixth CEO since the company was founded in 1909.

The board of directors also renewed the term of office as directors of Françoise Bettencourt Meyers, Paul Bulcke and Virginie Morgon for a four-year term.

In addition, Alexandre Ricard was appointed for a four-year term.

Manzanita Capital first invested in Space NK in 2002.

Report: Manzanita Capital Seeking Space NK Sale?

The private investment firm previously explored a sale of Space NK in 2018 advised by Goldman Sachs.

'Immunocologie is your skin care’s foundation for well-being, healthy skin,' says Immunocologie Skincare founder, Karen Ballou. 'Consequently, Immunocologie’s holistic approach to skin health is consistent with Blue Zones principles of living better longer.'

What Makes a Skin Care Brand Blue Zone-worthy? Immunocologie Knows...

As part of the partnership, select Immunocologie products (the Vital Clay Mask, Vital Ionic Mist and self-heating Lava Mask) have been featured online alongside other Blue Zones-endorsed products including longevity foods and beverages.

Jessica Alba will shift her creative energy to new endeavors after a successful fourth quarter.

Jessica Alba Steps Down as Chief Creative Officer at The Honest Company

Alba will continue to provide her support and leadership as a member of Honest’s board of directors.

Baralan featuring the latest innovative 3D techniques, iconic shapes, sophisticated finishes and versatile accessories

Baralan featuring the latest innovative 3D techniques, iconic shapes, sophisticated finishes and versatile accessories

Baralan at Luxe Pack NY 2024 in a continuous dialogue among the company historical soul, industry trends and product innovations. New ideas for primary packaging: innovative 3D techniques, iconic shapes, sophisticated finishes and versatile accessories.

U.S. private equity giant Blackstone Inc. would reportedly try to provide debt financing to take L’Occitane private.

Report: L’Occitane Owner Exploring Another Attempt to Take Company Private

Reuters now reports that Geiger is "in advanced discussions with investors and lenders" about a potential deal that could be announced in just a few days.

The funding round was led by a16z crypto and The Estée Lauder Companies' New Incubation Ventures (NIV).

Kiki World Announces $7M Funding Round from The Estee Lauder Companies

Kiki looks to build consumer brands as dynamic platforms, with products and experiences created by and rewards shared with the communities that use them.

In March, Puig reported that full-year 2023 sales increased 19% to €4.3 billion.

Why Puig is Pursuing an IPO

Funds will be used to "refinance recent acquisitions of additional ownership in the prestige fragrance label Byredo and Charlotte Tilbury brands," while setting the company up for future acquisitions and expansions in Asia Pacific and skin care.

Dexter King has been named senior vice president, global general manager, Tom Ford Beauty, reporting to Guillaume Jesel, president and CEO, Tom Ford and luxury business development, The Estée Lauder Companies.

Dexter King Takes New Role at Tom Ford Beauty

In his new role, King will lead the brand's category, channel and geography strategic growth plans, with a particular focus on its luxury beauty positioning in makeup, fragrance and skin care.

Throughout her career, Green Yip has held senior appointments at Estee Lauder and LVMH.

L’Occitane Appoints Regional Managing Director, Travel Retail APAC

Green Yip will play a vital role in shaping the future of the company's travel retail with the support of its experienced global and APAC travel retail teams.

West Lane Capital Partners Acquires Seven Hair Care Brand

West Lane will bring its deep industry expertise and relationships to support Seven's continued growth and line expansion.

Two $5,000 scholarships, sponsored by Mary Kay, Inc., will be awarded.

SCC Accepting Applications for 2024 Madam C.J. Walker Scholarship

The scholarship program supports specific under-represented minorities of any gender identity pursuing an undergraduate or graduate degree in STEM disciplines relative to the cosmetics and personal care industry.