Revlon names new CEO

She replaces Elizabeth Smith, who has been serving as interim CEO since August 2023

Revlon Group Holdings LLC has appointed Michelle Peluso as its new chief executive officer, effective 4 November.

Peluso will also join the company's board of directors. She replaces Elizabeth Smith, who has been serving as interim CEO since August 2023 and will continue as executive chair of the board.

Peluso, who previously served as chief customer and experience officer at CVS Health, brings extensive experience in leadership roles, including positions at IBM, Citi, Travelocity, and Gilt.

“I look forward to working with the full Revlon team – as well as our retailer, supplier and distribution partners – to further unlock the growth potential of our brands and meet the moment for the next generation of beauty and wellness lovers,” she said.

Top News

Reliance Consumer Products enters Australian market through Goodness Group acquisition

The acquisition expands its global health-focused beverage portfolio.

1 day ago

Thailand’s Konvy Beauty opens first Philippine flagship store

Offers hundreds of brands, including Thai, K-beauty, and local products.

Stores

2 days ago

Deliveroo parent exits Singapore and Japan as multi-month review cites conditions

The decision comes after a multi-month review of market conditions.

2 days ago

Marks & Spencer exits Philippine market after nearly 40 years

The closure reflects changing consumer trends.

Fashion

2 days ago

Exclusives

Leaner menus seen as key after 2,431 F&B outlets shut

Closures have reached a near 20-year high following a wave of business liquidations.

3 days ago

Brands ditch 20m buyers for 'Crazy Rich Asians'

About 20 million consumers exited the personal luxury goods market last year.

FairPrice AI trolleys trigger 80% surge in shopper spend

Its flagship store has raised the average basket size from $19.64 to $35.36.

AI enters the Philippine neighbourhood store

Widespread use could generate up to $48b in economic value by 2030.

Event News

Co-Written / Partner EY’s Olivier Gergele: Innovation advantage comes from scaling what resonates with consumers

He explores where the biggest value opportunities lie whilst emphasising the need to balance standardised scale with deliberate localisation across diverse markets.