In search for agility, ELC splits its brand portfolio into two clusters
The Estée Lauder Companies (ELC) is splitting its brand portfolio into two brand clusters led by Jane Hertzmark Hudis and Stéphane de La Faverie. The move aims to position the group for long-term growth in a fast-paced evolving global landscape. Executive Group President Jane Hertzmark Hudis will lead the company’s brand cluster comprising the brands: La Mer and Bobbi Brown; Tom Ford Beauty; M·A·C; Clinique and Origins; Aveda; Bumble and bumble; and Dr.Jart+. She will also continue her...