Along with being one of the most professionally photographed women in the world, Porizkova is a Czechoslovak-born actor and writer. She was the first Central European woman to appear on the cover of the Sports Illustrated swimsuit issue in 1984. In 1988 she became one of the highest-paid models in the world as the face of Estée Lauder. She has starred in 16 movies and a slew of TV shows as an actress and served as part of the judging panel on Cycle 10 of America’s Next Top Model. Her debut novel, A Model Summer, was published in 2007 and her nonfiction debut, No Filter: The Good, the Bad, and the Beautiful was published in November 2022.

“Over the last 30 years, I have become a woman who has a voice, strong opinions and an even stronger sense of self. Estée Lauder approached me to work with them again not despite these values, but because of them,” said Porizkova. “Unlike the first time around, this is more than a job. It’s my purpose – an opportunity to be exactly who I am, to speak only about products I genuinely love and believe in, and to show women around the world that with age comes power and possibility. This is about more than representation. It’s about being seen and celebrated.”

Porizkova will endorse skincare and makeup products that authentically align with her pro-aging values, while driving conversation and fostering community around the topics she is most passionate about.

“Today marks a milestone moment for the brand as we welcome Paulina back to the Estée Lauder family; this time not as a spokesmodel, but as a role model,” said Justin Boxford, Global Brand President, Estée Lauder. “Paulina’s voice, authenticity, and ability to connect with women on the deepest level is the embodiment of everything Estée Lauder stands for. She is changing the conversation around aging, and we want to be the megaphone to help amplify her message.”

Porizkova’s first campaign will debut in Spring 2025 across print, digital and in-store in support of Estée Lauder’s Revitalizing Supreme+ franchise. Porizkova joins Estée Lauder’s current roster of global talent including Ana de Armas, Bianca Brandolini, Carolyn Murphy, Grace Elizabeth, Imaan Hammam, IU, Karlie Kloss, Shu Qi and Yang Mi.

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“On behalf of the entire Board of Directors and the Lauder family, we wish to extend our sincere gratitude to Fabrizio for over sixteen years of devoted service to the Company,” said William P. Lauder, Executive Chairman. “We look forward to celebrating Fabrizio’s many amazing accomplishments as his formal retirement date nears. Until then, the Board, Fabrizio and the entire leadership team are laser-focused on navigating the current challenges faced by the Company.”

Mr. Lauder continued, “On a personal note, Fabrizio has been an incredible partner to me as well as other members of the Lauder family. He understands the uniqueness of this family business and has used our long-term focus and principle of patient capital as a point of strength as he has transformed the business to meet evolving consumer aspirations.”

On his retirement, Mr. Freda said, “Leading The Estée Lauder Companies for sixteen years, is and has been, a true honor and privilege. I am so proud of our company’s incredible accomplishments, and to have built the most talented, dedicated, and passionate team in the industry. Together we have transformed the Company in beautiful ways; and we have set new standards for excellence. I will continue to be fully focused on the execution of our strategic reset and the Profit Recovery and Growth Plan, as we continue to address the current challenges. As we manage for the long term, now is the right time to look ahead to the next generation of leadership for this great company. I look forward to continuing to work closely with our Board of Directors in the selection of my successor and ensuring a seamless transition.”

The Company will announce its fiscal 2024 earnings results for its fourth quarter and full year ended June 30, 2024, on Monday, August 19, 2024.

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Galfo succeeds Megan Grant who was appointed to the role in May 2019. Galfo was previously the firstever Chief Growth Officer for the Luxe Division in the United States. In this role, she defined the growth strategy of the division by channel, retailer, and category, as well as set the vision to reinvent the business model of Luxe’s brand portfolio.

“Silvia brings a long and impressive track record of success in all areas of the beauty business,” said David Greenberg, L’Oréal USA’s CEO and President of North America Zone. “She is a long-term L’Oréalian with a world view on beauty and luxury. I am confident that Silvia’s strong leadership and consumer orientation will continue to drive the Luxe brand portfolio to new heights in the United States.”

Prior to holding the Chief Growth Officer position, Galfo served as General Manager of Armani Beauty in the U.S. Under her leadership, she set the vision and strategy to establish Armani Beauty as one of the fastest growing makeup brands in the Luxe Division, growing both sales and profitability. For over two decades, Galfo has also held senior leadership roles in marketing and sales within the L’Oréal Groupe, at flagship brands like Lancôme and L’Oréal Paris, and outside the company at brands like Revlon and David Yurman.

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The Estée Lauder Companies acquired the TOM FORD brand on Friday, April 28th, 2023, in a transformational deal that establishes the company as the sole owner of the TOM FORD brand and all its intellectual property. The stewardship of the brand by ELC and the new leaders announced, and through its licenses with the Zegna Group for fashion and accessories, and Marcolin Group for eyewear, provides continuity and allows for the further evolution of the TOM FORD brand as one of the preeminent global luxury brands of the twenty-first century. The Zegna Group acquired operations of the TOM FORD fashion business (“TOM FORD FASHION”) necessary to perform its obligations as a licensee of ELC.

Tom Ford and Domenico De Sole will continue to serve as brand advisors through the end of calendar 2023. About the new leadership appointments, Tom Ford said, “I could not be happier with the acquisition of the TOM FORD brand by The Estée Lauder Companies. The team there has been a great partner and Guillaume is an exceptional leader, with not only a strong business understanding of beauty, but a great understanding of fashion as well.

“I am also pleased that the Zegna Group will continue to manufacture and distribute TOM FORD fashion and accessories, and operate retail for TOM FORD FASHION. I have worked closely with Zegna for more than 30 years, first at Gucci, then at Yves Saint Laurent. When contemplating the creation of the TOM FORD brand there was simply no other partner that we would have turned to, to produce high quality fashion products and a flawless retail experience.

“Marcolin has been an excellent partner in producing and distributing TF eyewear since the inception of the brand and I have enjoyed close collaboration with Maurizio Marcolin and his talented team for many years now.

“These companies, under the brand stewardship of The Estée Lauder Companies, provide me with confidence that the TOM FORD brand will continue to be something that I will be proud of for many years to come.”

Domenico De Sole said, “I am delighted with this acquisition. We have had a long-standing partnership between the TOM FORD brand and The Estée Lauder Companies dating from the brand’s inception, as well as a close relationship with Gildo Zegna and the Zegna Group over the past 30 years. Given our long and successful histories together, I am certain that the two companies, together, will carry on the legacy that Tom and I have built over the past 18 years. I am grateful to Tom for his magnificent vision and leadership, and I thank our amazingly talented TOM FORD team for their dedication to and hard work for the brand.”

GUILLAUME JESEL NAMED PRESIDENT AND CEO, TOM FORD AND LUXURY BUSINESS DEVELOPMENT, THE ESTÉE LAUDER COMPANIES

Guillaume Jesel named President and CEO, TOM FORD

Guillaume Jesel brings nearly a decade of successful brand leadership of TOM FORD BEAUTY to his new executive leadership position at the TOM FORD brand. As President and CEO of TOM FORD, Guillaume will have oversight across all verticals and set a holistic luxury strategy for the brand. Guillaume will report to ELC executive leaders Jane Hertzmark Hudis, Executive Group President, and Tracey T. Travis, Executive Vice President and Chief Financial Officer.

“Guillaume has been instrumental in shaping the luxury beauty sector of our business. His ability to articulate the TOM FORD brand has resulted in TOM FORD BEAUTY achieving remarkable global success, making him ideally suited to lead the TOM FORD brand into its exciting future,” said Fabrizio Freda, President and Chief Executive Officer, The Estée Lauder Companies.

Under Guillaume’s tenured leadership at TOM FORD BEAUTY, where he worked directly with Tom Ford and his team, the brand spearheaded iconic innovation and strategically expanded its global reach, firmly establishing TOM FORD BEAUTY as a powerhouse in luxury beauty. Since 2014 when Guillaume started with TOM FORD BEAUTY, he has led the brand to achieve strong net sales growth on a compound annual basis and significantly improved ranking in global prestige fragrance and makeup, respectively.

PETER HAWKINGS APPOINTED CREATIVE DIRECTOR, TOM FORD

Peter Hawkings named Creative Director, TOM FORD

Peter Hawkings has been working alongside Tom Ford for nearly twenty-five years, most recently as Senior Vice President of TOM FORD Menswear. In his ascension to Creative Director, Peter will succeed Tom Ford with respect to his responsibilities as Creative Director of Fashion, including womenswear, menswear and accessory categories, assuming the role of lead designer for the fashion segment and fashion shows.

Peter will be responsible for upholding the TOM FORD brand’s vision, ensuring consistency of creative direction and decisions across all fashion categories and ushering the TOM FORD brand into its next chapter. He will report directly to Guillaume and matrix report to the CEO of TOM FORD FASHION.

“In Peter Hawkings the brand has found the perfect Creative Director,” said Tom Ford. “Peter began working with me 25 years ago as a menswear design assistant at Gucci and rapidly worked his way up to become the senior men’s designer at the company when he left to join me at the TOM FORD brand. Since the creation of TOM FORD menswear, Peter has been instrumental in the success of the brand. He is an incredibly talented leader with tremendous industry experience, and his appointment gives me confidence that my commitment to creating fashion products with the highest level of design and quality will continue.”

Peter began his career in 1998 at Gucci under the helm of Tom Ford and worked closely with him on the development of the highly successful Gucci menswear collections. Peter left Gucci in 2006 to join Tom Ford in the launch of his eponymous brand where he was charged with overseeing the design and production of all categories of TOM FORD menswear including tailoring, sportswear, leather goods, and accessories.

“Peter is one of the world’s most accomplished menswear designers. His design experience working under Tom Ford is unparalleled and his commitment to quality is relentless,” said Guillaume. “There is no one more perfectly suited than Peter to carry the founder’s legendary creative vision into the future.”

TOM FORD FASHION LEADERSHIP

The CEO of TOM FORD FASHION has been appointed and is expected to be announced in July and assume the role in the third quarter of calendar 2023. The leader will be responsible for the end-to-end TOM FORD FASHION business from collection development, to merchandising, through to production as well as retail and wholesale distribution.

Ermenegildo “Gildo” Zegna, CEO of Ermenegildo Zegna Group said, “We are delighted to appoint a strong leader for TOM FORD FASHION and look forward to leveraging the leader’s luxury business acumen and international experience to further grow the TOM FORD FASHION business globally. I am thrilled about the opportunities that this transaction brings to all of us as we continue the journey started by Tom and Domenico whom we congratulate for their remarkable achievements.”

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Nancy Mahon, Chief Sustainability Officer, The Estée Lauder Companies

As the company’s CSO, Nancy will continue to focus on the strategic integration and implementation of ELC’s sustainability initiatives, as well as ESG reporting across the organization.  She will also continue to serve as Executive Director of The Estée Lauder Companies’ Charitable Foundation. Nancy will also remain a member of ELC’s ESG Management Committee.

“Sustainability has long been central to how The Estée Lauder Companies and its brands have operated, and is a key part of our corporate strategy,” said Freda. “We are committed to continuously evolving to drive our sustainability initiatives forward and helping to innovate and connect at both local and global levels, ultimately positioning us well to succeed in a changing global economy. Appointing Nancy to Chief Sustainability Officer is an example of our company’s ambition and focus on these initiatives.”

“Now more than ever, we have a responsibility to help drive progress, and we are dedicated to our sustainability initiatives throughout the value chain,” said Lauder. “Nancy is a trusted leader with a track record of winning results, and we look forward to her continued success as Chief Sustainability Officer.”

Appointed Senior Vice President, Global Citizenship and Sustainability, in 2014, Nancy has collaborated with leaders across ELC to develop a strategy for ELC’s climate and environmental initiatives, with a focus that includes energy, emissions, packaging, and ingredient traceability.

Under Nancy’s leadership in this capacity, the company has extended its efforts to reduce environmental impacts across operations and throughout the value chain. Notably, ELC has focused on addressing climate change through targets to help reduce greenhouse gas (GHG) emissions, and has implemented strategies to help minimize waste generation and disposal and water use. Moving forward, under Nancy’s leadership, ELC’s sustainability strategy will continue to focus on innovative solutions to gain efficiencies and reduce impact at various stages of our products’ life cycles.

Nancy joined ELC as Vice President, M•A•C Cosmetics and Executive Director of M•A•C AIDS Fund (now known as the M•A•C Viva Glam Fund) in 2006 for philanthropy in this initiative. In recognition of M•A•C’s proven leadership for this cause, Nancy was appointed by President Obama as Chair of the President’s Advisory Council on HIV/AIDS in 2011.

She was promoted to Senior Vice President, M•A•C Cosmetics, in 2009. In 2011, she was named Senior Vice President for Philanthropy and Social Initiatives, assuming responsibility for cause-marketing programs for Bobbi Brown, Jo Malone London, and La Mer, in addition to M•A•C.

Outside of ELC, Nancy has served as Private Delegate to the UN Commission on Women and is a Founding Member of the National Institute of Medicine’s Forum on Global Private Public Partnerships.

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Just in time for the rush of fall and the holiday season, Bliss has collaborated with Chamberlain coffee to create a “Wake Up” bundle that will make you feel totally well rested when you need it most.

The perfect stocking stuffer for both the beauty & the foodie, this set includes a brand-new coffee flavor for Chamberlain – the Orange Cream Blend –along with Bliss’ best-selling Rest Assured Eye Cream (1 unit is sold every four minutes!) packed with Vitamin C to brighten and firm your under eyes so you can truly fake a good night’s sleep, feeling and looking fresh with all the citrus-y goodness.

Bliss x Chamberlain Coffee Wake Up Bundle 

Including the bestselling Bliss Rest Assured Eye Cream(1 unit sold every 4 minutes!) and the new Bliss x Chamberlain Coffee Orange Cream Blend – give the gift that’s better than a good night’s sleep this holiday season.  Perfect for your loved ones who can’t get enough caffeine, the new Bliss x Chamberlain Coffee sweet orange coffee roast will have you buzzing while Bliss’s powerhouse Rest Assured Eye Cream depuffs, brightens and firms the undereye with Vitamin C and caffeine – so you can look and feel well-rested, even as the craziness of the holiday season unfolds.

Price: $39; available exclusively at Chamberlaincoffee.com

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welcomes close to 6,000 delegates to Cannes

The 37^th TFWA World Exhibition & Conference drew to a close today, with the event hosting a total of 5,983 visitors up to midday on Thursday 6th October – a figure that is up 77% from 3,373 in 2021. The figure compares to 7,215 visitors at the equivalent point in the 2019 event, which was a record attendance.

This total included 2,095 representatives from duty free operators and landlords, more than double the 2021 total, and down by 12% compared to 2019. 1,179 delegates were in the audience for the TFWA World Conference, which took place on Monday 3rd October and saw TFWA President Erik Juul-Mortensen joined on stage by a selection of speakers from within and beyond the industry. 177 delegates attended the Airport Forum workshop, sponsored by Kering Eyewear, on Tuesday 4th October, while 123 attended the Innovation in Action workshop on Wednesday 5th October.

With a large number of brands hosting larger stands, this year’s exhibition occupied a total of 20,751m², up from 12,190m² in 2021. 387 companies exhibited, 57 of which were new exhibitors. These first-time exhibitors came from 8 sectors and from as far afield as Ghana, Saudi Arabia and Republic of Korea.

Having facilitated a total of 1,226 on-site meetings throughout the week, the TFWA ONE2ONE meeting service once again proved to be a welcome element of TFWA World Exhibition & Conference.

With innovation at the heart of this year’s event, TFWA i.lab offered delegates and participating companies a wide array of opportunities to connect and collaborate. Subjects including mobile and digital technology, data analytics, e-commerce, traveller research, sustainability and corporate citizenship, were explored during the event.

Well-attended social events once again confirmed that face-to-face networking opportunities remain a top priority for industry colleagues across all sectors. Hosted at the Carlton Beach 1,600 guests attended TFWA’s opening ‘Get Together’ event, while between 500 to 800 guests enjoyed the TFWA Lounge: after-work sessions and at the highest attendance peak on Wednesday night, 2,358 guests joined the TFWA Lounge: night-time session.

“In this, the 75th anniversary of the duty free industry, we’re very happy with the outcome here this week, in terms of exhibitors, square metres of stand space, delegates and buyers in attendance. A real mood of confidence has been confirmed by the conversations taking place around the event all week. We look forward to the future with confidence and by the time we are back here in Cannes next year I’m convinced we will be flying at full height once again.

We closed our books today, and thanks to our prudence in the past, our finances are in a strong position. We are well placed to continue supporting the industry going forward to next year and beyond,” stated Erik Juul-Mortensen, TFWA President.

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The Estée Lauder Companies opened of its new, state-of-the-art distribution center located in Galgenen, Switzerland, to accommodate the dynamic and future growth of its global Travel Retail business. Travel Retail, which covers the world of duty-free environments including airports, downtown locations, airlines, cruises and border shops, is one of the company’s highest growth channels and touches over 3 billion consumers a year. This new 300,000 square foot facility expands upon the company’s existing distribution footprint in Switzerland and will enable ELC to remain at the forefront of delivering its prestige beauty products and high-touch services to traveling consumers around the world. The center is equipped to support the continued growth of Travel Retail and will further drive the company’s sustainability efforts.

Umair Ansari, VP/GM, Travel Retail EMA, Fabrizio Freda, President and Chief Executive Officer, Jane Lauder, EVP, Enterprise Marketing and Chief Data Officer, and Roberto Canevari, EVP, Global Supply Chain cut the ribbon at the new Galgenen distribution center. (Photo: Business Wire)

Fabrizio Freda, President and Chief Executive Officer, Israel Assa, Global President, Travel Retail Worldwide and Roberto Canevari, Executive Vice President, Global Supply Chain hosted the opening ceremony with Nadine Graf, Senior Vice President, General Manager, Europe , Middle East , and Africa (EMEA), Maike Kiessling, General Manager, Switzerland , Jamal Chamariq, Senior Vice President, Global Supply Chain, EMEA and Travel Retail Worldwide and Sascha Trabelsi, Vice President, Supply Chain, Travel Retail Worldwide. The opening ceremony was attended by special guests including retailers, suppliers, local government officials, media and ELC employees.

“Travel Retail continues to demonstrate its resilience, driving tremendous growth over the last decade for The Estée Lauder Companies. We remain extremely confident in the channel for the long-term, especially as travel restrictions ease globally and people start traveling again,” said Fabrizio Freda. “The opening of our new Galgenen distribution center will enable us to adapt even better to ever-changing retail needs and growth opportunities for the channel, and expand upon our existing distribution presence in Switzerland.”

The Estée Lauder Companies’ Travel Retail division is the market share leader in the channel within the total beauty category across skin care, makeup, fragrance and hair care¹. With a strong brand portfolio that resonates with consumers globally, ELC’s Travel Retail division continually demonstrates best-in-class marketing activations tailored to travelers’ needs, recruits new consumers and builds brand equity around the world. Accounting for 28% of ELC’s sales in fiscal year 2021, Travel Retail is uniquely positioned to win in this high growth environment with the company’s recent investment to expand its distribution network to meet the demands of the traveling consumer population.

“As we mark the 30^th anniversary of The Estée Lauder Companies’ Travel Retail business, we are incredibly proud of our track record of exciting and delighting travelers all over the world with our exclusive products and high-touch experiences for the Travel Retail industry and having made the channel an integral engine of growth for ELC,” said Israel Assa. “As we look to the future, this investment here at Galgenen is a testament to our belief in the long-term growth potential of this channel and that by investing in these capabilities and with our retailers, we can capture the next generation of growth in this dynamic, prestige marketplace.”

The Estée Lauder Companies has a long history of success within Switzerland , opening its affiliate office more than 55 years ago and its first manufacturing plant more than 45 years ago. As the fifth largest employer in the canton of Schwyz , ELC prides itself on its inclusive and collaborative culture, competitive compensation and benefits, career development opportunities, commitments to health, safety and sustainability, and high-performance. The company currently has four distribution centers in Switzerland . Switzerland is also home to ELC’s EMEA and TR Supply Chain Management Hub in Wollerau, which drives agility, speed, and collaboration across our EMEA and Travel Retail supply chain teams. With the addition of the new facility in Galgenen, the Travel Retail business will double its total output capacity, enabling the flexibility necessary to adapt to the channel’s high growth potential.

“Galgenen will serve as a cornerstone of The Estée Lauder Companies’ agile, global fulfillment network,” said Roberto Canevari. “This distribution center will not only significantly enhance our capacity but enable operational efficiencies, speed-to-market and resiliency through innovative, highly automated equipment and technologies. Additionally, we are proud that Galgenen is also a shining example of ELC’s commitment to safety, quality, and sustainability.”

Galgenen will further advance the sustainability of ELC’s global manufacturing and distribution network and the company through its best-in-class environmental design and renewable energy efforts. The building’s design is based on the newest standards to reduce energy and water consumption. It features total LED lighting, an energy-efficient HVAC system and the roof’s solar panels generate 1600 kilowatts at peak performance (kWp). Furthering sustainability efforts, a comprehensive waste management system has been implemented to separate out numerous recyclables, with electric trucks ready for waste removal. As part of the recycling undertaking, wooden waste pallets will generate renewable heating energy. Worldwide, ELC is driving strategic initiatives to reduce its environmental footprint, integrate environmentally responsible practices and invest in innovative technology as part of efforts to not only provide consumers with transformative products and experiences, but also to contribute to the well-being of the planet.

ELC’s new, state-of-the-art distribution center in Switzerland will support the dynamic growth of the Company’s TR business.

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