Brand Architekts, the group behind skincare and grooming brands including Super Facialist and Dirty Works, has tapped former Coty marketing director Quentin Higham to be its next chief executive officer.
Advent International, Bain Capital and Cinven are all reportedly candidates to take over the brands in Coty's professional beauty division, including Wella and OPI, as the company looks to stabilise its finances.
The New York-based beauty giant reported a significant narrowing of its net loss in the second quarter on Wednesday, despite falling sales, and also announced the launch of an updated sustainability platform.
As its turnaround plan continues, the NYC-based beauty conglomerate announced on Monday that it has appointed Kristin Blazewicz as its new chief legal officer, general counsel and secretary of the board of directors.
Coty and Kylie Jenner have announced the completion of the transaction cementing their long-term strategic partnership and revealed the appointment of Christoph Honnefelder as CEO of Kylie Cosmetics and Kylie Skin.