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J&J’s US beauty president Michelle Freyre will take over ELC’s Clinique business in July, succeeding Jane Lauder, who has been appointed to a new role at the company focused on driving its digital evolution.
The companies initiated voluntary recalls in May after finding evidence of microbial contamination – in Arbonne’s case, the presence of Pluralibacter gergoviae in a body wash product, and in BECCA’s, “a brownish-black material identified as a common household mold” identified on a makeup applicator.
In its third-quarter earnings call, Coty leadership discussed promising “green shoots” and the firm’s highly focused strategic priorities in the shadow of the COVID-19 pandemic.
Lauder’s business has been thrashed by COVID-19, but the firm is encouraged that its biggest growth drivers before the crisis are the same ones carrying it through.
- Medical Devices
- Drug Delivery
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