French luxury group Kering has hired a senior Estée Lauder executive to lead the creation of its beauty unit from scratch, Miss Tweed has learned. The new venture, about which Kering has said little until now, represents a sizeable source of potential growth for the group and would boost its valuation in the medium-to-long term if successful, analysts forecast.
Kering’s poaching from Estée Lauder Companies comes as the French group is trying to reach an agreement with the U.S. cosmetics company on how long it is prepared to let it exploit the Tom Ford beauty license if it wins the bid for the luxury brand. Kering is only really interested in the eyewear business, while Estee Lauder Companies, also in the race, just wants the cosmetics license.
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A Year in the News 2021-2022 is a compilation of Miss Tweed's stories published online during its second year. Like the first yearbook, it is a limited edition. Hence, it is a collector's item. It is designed to celebrate the work of illustrator Claire Laude. Each illustration runs next to the first two paragraph of the story.
This book is a compilation of Miss Tweed’s stories during its first year. The digital revolution, the closely guarded secrets of LVMH, Richemont and Kering and the future of watchmaking are among the many topics Miss Tweed covered between the summer of 2020 and the summer of 2021.
Author and journalist Astrid Wendlandt conducted a four-year investigation vinto the
secretive world of fashion and luxury involving hundreds of interviews with top executives and
Comment l’industrie du luxe et de la mode, quasi-inexistante il y a quarante ans, est
devenue une puissance mondiale ? Dans cette anthropologie du glamour, la journaliste Astrid Wendlandt
épingle ses super-héros et analyse ses contradictions.