The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
PARIS, France — French cosmetics firm L'Oréal on Monday said chief financial officer Christian Mulliez was set to leave the firm next year for personal reasons and would be replaced by Christophe Babule, another company veteran.
Babule, who has been at the Maybelline owner since 1988 and most recently worked as the financial director for Asia Pacific, will take on operational responsibilities in February, L'Oréal said. Mulliez will leave L'Oréal at the end of April.
The company also named Cyril Chapuis as the head of its luxury division, which has spurred revenue growth in recent quarters. He takes over from Nicolas Hieronimus, seen as a potential successor to chairman and chief executive Jean-Paul Agon, who was named deputy chief executive in 2017.
By Sarah White; editor: John Irish
From analysis of the global fashion and beauty industries to career and personal advice, BoF’s founder and CEO, Imran Amed, will be answering your questions on Sunday, February 18, 2024 during London Fashion Week.
The State of Fashion 2024 breaks down the 10 themes that will define the industry in the year ahead.
Imran Amed reviews the most important fashion stories of the year and shares his predictions on what this means for the industry in 2024.
After three days of inspiring talks, guests closed out BoF’s gathering for big thinkers with a black tie gala followed by an intimate performance from Rita Ora — guest starring Billy Porter.