, APAC
Shutterstock photo

Estée Lauder appoints Stéphane de La Faverie as new CEO

He will succeed Fabrizio Freda.

The Estée Lauder Companies Inc. has announced that Stéphane de La Faverie will become its new President and CEO, effective 1 January 2025.

De La Faverie will succeed Fabrizio Freda, who is retiring after over 16 years with the company. Freda will assist with the transition in the coming months.

De La Faverie, currently executive group president at Estée Lauder, has more than 25 years of experience in prestige beauty. He has led key brands like Estée Lauder, Jo Malone London, The Ordinary, and Le Labo. De La Faverie has played a key role in expanding the company’s fragrance portfolio and leading initiatives that improved profitability.

Meanwhile, William Lauder will step down from his position as executive chairman after the annual meeting of stockholders but will remain chair of the board.
 

Join Retail Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Deliveroo Shopping for nonfood items launched in Singapore
Shoppers may now access beauty and pet care, and consumer electronics on the delivery app.
E-commerce
MR.DIY expands to Indonesian suburbs in search of growth
The company has grown to more than 850 branches in just seven years.
Southeast Asian retailers go live to take orders
Social media are no longer just spaces for sharing selfies; they’ve become shopping hubs.
E-commerce