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THE WHAT? Sephora has appointed Guillaume Motte as its new President and Chief Govt Officer, efficient 1st January, in keeping with a report by WWD.
THE DETAILS Motte succeeds and report back to Chris de Lapuente, who took on the CEO position following the departure of Martin Brok in June.
de Lapuente will proceed to behave as Chairman and CEO of the Selective Retailing division of Sephora dad or mum firm LVMH. Motte was most just lately CEO of LVMH Trend Group.
THE WHY? de Lapuente stated: “His experiences over the previous two years in LVMH Trend Group, alongside Sidney Toledano, have broadened his status brand-building experience and deepened his already in depth retail and enterprise expertise at a world degree. Guillaume is an inspiring and much-admired chief who has at all times personified Sephora’s distinctive ardour and tradition.
“Guillaume has the great stability of being robust on retail execution and but strategic and forward-thinking in his outlook. He has deep understanding of all the weather that make Sephora the world’s greatest liked magnificence neighborhood. I’ve little doubt he’ll proceed to construct Sephora into the extraordinary premium magnificence retailer we envision. I’m extraordinarily pleased that we’ll be working collectively once more.”
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