Elia Nistal de Luna

Succession planning is critical to shareholder value and long-term company success. Spanish beauty and fashion house Puig has taken a unique approach: banning its next generation from working within the company. Led by family members since 1914, Puig aims to ensure a smoother transition of leadership and maintain business excellence. Analysts applaud this move, which mitigates family conflicts. DHR’s Jeanne E. Branthover emphasizes, “Succession planning isn’t only about identifying the next CEO, but about making a company bigger and better.” Read more about this bold approach in the The Wall Street Journal article:  https://lnkd.in/g_P8mSQS   #SuccessionPlanning #LeadershipTransition #FashionIndustry

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For years, outside of China, beauty companies have often talked about Brazil and India when it comes to capitalizing on sales in emerging markets. But recently, the chatter is centering around Mexico, which just elected Claudia Sheinbaum as its first female president. With a young population influenced by American trends, companies are eager to capitalize on demand for beauty and personal care. However, the road ahead for Mexico’s economy is uncertain with Sheinbaum’s full agenda yet to be revealed, while the outcome of the upcoming U.S. election could alter American-Mexican relations. Among the beauty companies making a play in Mexico is Ulta Beauty. After scrapping earlier plans to enter Canada, it is making its international debut next year in Mexico through a joint venture with Axo. Read more : https://lnkd.in/eVttNHSp

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Why Mexico Is Becoming Increasingly Important to Beauty Companies. For years, outside of China, beauty companies have often talked about Brazil and India when it comes to capitalizing on sales in emerging markets. But recently, the chatter is centering around Mexico. #beautyindustrynews #businessofbeauty

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Enhancing Resilience and Performance in Mexico City with The Estée Lauder Companies Inc. Mid Management ⚡ Continuing our Energy-Shift Program with Estée Lauder Companies México, we recently held the Modules 6 and 7 for their mid-management team in Mexico City. This session focused on fostering resilience and enhancing performance under pressure. Estée Lauder is already excelling in their industry, but how do you improve results that are already great? The answer lies in sharpening the focus and creating moments of flow to achieve an Ideal Performance State both individually and as a team 🧠 Our discussions covered managing energy under pressure, emphasizing the balance between pressure and recovery, and the importance of flow and stress management. As we look ahead to the upcoming fiscal year, we highlighted the power of focus and flow to create energy efficiency for business acceleration. Estée Lauder is committed to nurturing a culture of continuous improvement and resilience, investing in the development of their mid-management team to strengthen the entire organization. We appreciate the enthusiasm and dedication shown by all participants: Arturo Ortiz, Alejandra Martín del Campo Minjares, Alejandra Romero Huizar, Ana Jimena Ferrer Gutiérrez, Ana Lourdes Torres Isaak, ANALIE SAINZ POLANCO, Andrea Rodríguez Hernández, Barbara Gomez Carrasco, Brenda Elizabeth Ramírez Sánchez, Carlos Alberto Correa Casillas, Carolina Aldana Benítez, Daniela Bostock, Enrique Estrop, Estela Sánchez Aguirre, FRANCISCO JAVIER GARZA DIAZ, German Luna Mavares, Irery Hernández Sotelo, Laura Moreno Ruiz, María José Juárez García, Marisol Fuentes, Miriam Franco Aldama, Moisés Cortés Hernández, Pilar Ferrer Simon, Raul Mendez Perez, Sofía Bucio Fierro, Vianney Toledo Reyes, YOSELIN LOPEZ, and all the other players. Your commitment is what sets Estée Lauder apart as a leader in the industry. As we move forward, we are eager to see the positive impact these strategies will have on both personal and professional growth, and we're already looking forward to our next modules together 🔜 What are your 3 key takeaways from the modules ? 🤔 #LeadershipDevelopment #EnergyShift #EsteeLauderMexico #HighPerformanceTeams #ExecutiveCoaching

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The IPO market is heating up again! Spanish beauty group Puig, the owner of brands such as Paco Rabanne and Carolina Herrera, reportedly aims for a ~€14 billion valuation in its upcoming IPO. The IPO is anticipated to involve offering between 25% to 49% of the company's total capital, which allows the Puig family to maintain control. Financially, Puig has been performing consistently strong for a decade, with record sales of €4.3 billion in 2023. Over the past decade, the company has achieved a 12% CAGR in revenue and an 11% CAGR in net profit. The rumored valuation of ~€14 billion would imply an earnings multiple somewhere around 30x, using the company's FY23 numbers. What are your thoughts on the valuation?

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In kind with many other beauty categories, the emergence of and appreciation for skincare-infused ingredients has led to the 𝐬𝐤𝐢𝐧𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧 of hair health, ushering in new product formats and upgraded routines. How is this translated for LATAM? According to Ascential Research shows: 🌟 𝐂𝐮𝐫����𝐲 𝐡𝐚𝐢𝐫 : Users were talking about curly hair in the hair health conversation – higher than any other region. Brands like Latina are becoming experts in the subject, catering tailored solutions. 💧 65% of the hair health conversation in LATAM is centred around 𝐡𝐲𝐝𝐫𝐚𝐭𝐢𝐧𝐠 𝐡𝐚𝐢𝐫𝐜𝐚𝐫𝐞  formulations to prevent frizz and repair damage from dryness. Great report from Global Cosmetic Industry on emerging themes to track!

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Smelling expensive tops the list of desirability when it comes to fragrance. On #PerfumeTok, ‘How to smell expensive’ has 28.3 million views and counting, as the trend has branched off into different trails. Click the link below to read the full story:

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From Rags to Fashion Icon! The story of Polo Ralph Lauren Ralph Lauren has: -         Presence in 50+ countries -         344 Retail Stores across Globe -         7000 Store in Stores -         9,275 Distribution Centers -         23,300 people employed -         $7 Billion Dollar Revenue   Story of Ralph Lauren, a lower middle class Jewish Immigrant in US who went on to become the Global Fashion Trendsetter!   Early Life and Inspiration: Born as Ralph Lifshitz in the Bronx, New York, Ralph Lauren grew up in a working-class Jewish family. From a young age, he was fascinated by fashion and elegance, inspired by classic movies and the sophisticated style of Hollywood icons. This passion drove him to pursue a career in fashion. 🎥✨ Starting Out: After serving in the United States Army, Ralph worked as a sales assistant at Brooks Brothers. Noticing a gap in the market for stylish and high-quality men's ties, he designed his own line of ties under the label "Polo" in 1967. His unique designs quickly gained popularity. 🚀 Building a Brand: Ralph Lauren expanded his vision beyond ties, launching a full line of menswear under the Polo brand in 1968. His designs were characterized by their timeless elegance and classic American style. By the 1970s, he introduced women's wear, creating iconic pieces that redefined American fashion. 🕴️👗 The Polo Shirt Phenomenon: In 1972, Ralph Lauren introduced the Polo shirt, featuring the now-famous polo player logo. This shirt became a symbol of preppy style and casual sophistication, cementing Ralph Lauren's place in fashion history. The Polo shirt remains a best-seller to this day. 👕🏇 Expanding Horizons: Ralph Lauren continued to innovate and expand his brand, entering the home furnishings market in 1983 with the launch of Ralph Lauren Home. His collections, ranging from furniture to bed linens, brought his signature style into homes worldwide. 🏡🛋️ Going Public: In 1997, Ralph Lauren Corporation went public, listing on the New York Stock Exchange under the ticker symbol "RL." This move solidified Ralph Lauren's status as a major player in the global fashion industry, making his brand accessible to a wider audience. 📈💼 A Lifestyle Brand: Ralph Lauren's vision extended beyond fashion and home furnishings. He launched Ralph Lauren Fragrances, creating iconic scents like "Polo" and "Ralph." His brand became synonymous with a luxurious, aspirational lifestyle, encompassing everything from clothing to accessories and beyond. 🌟💐 Philanthropy and Legacy: Throughout his career, Ralph Lauren has been committed to giving back. He established the Ralph Lauren Corporate Foundation, supporting various causes, including cancer research, education, and the arts. His philanthropic efforts have made a significant impact on countless lives. 💖🎗️

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Succession planning isn't just about replacing leaders; it's about ensuring continuity and growth. Puig's strategy to address succession concerns by excluding next-generation family members is a strategic move. DHR can help guide you in securing your company's future. #LeadershipTransition #DHRConsulting

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Good Glamm ties up with Serena Williams' beauty brand WYN Tennis legend Serena Williams and the #GoodGlammGroup have joined forces to launch WYN BEAUTY, a clean, high-performing makeup line designed for everyday life. With a commitment to inclusivity, WYN BEAUTY offers 91 shades across 10 distinct products in face, lip, and eye categories. Brand USP: Flexible Formulas, All-Day Hydration: WYN BEAUTY claims to offer flexible formulas "whether you’re on the court or in the boardroom". The makeup range is characterized by constant skin hydration. Serena’s Vision: Founder and entrepreneur Serena Williams shares her vision: “I needed makeup that could truly move with me. That’s the intention behind WYN BEAUTY – for people to live in it every single day of their lives and enhance the beauty they already have.” Authenticity and self-expression have been touted to be drivers of the brand. Affirmations in Every Shade: Each product and shade is named as a personal affirmation, reflecting Serena’s match-day rituals. The company has stated that from Brave to Shine, these affirmation themes empower users to embrace their strength and beauty. Global Rollout: WYN BEAUTY by Serena Williams is a brand that celebrates individuality, confidence, and living life in color. It has launched in over 685 Ulta stores across the US, followed by a global rollout. The Good Glamm Group, known for its tech-enabled beauty brands, ventures into the US market with this joint venture. #WYNBEAUTY aims to redefine beauty standards and empower consumers worldwide. Initially focused on the US market, it will later expand to India and other global markets. #Beauty, #fashion and #retail are key components of Technopak Advisors' consulting division. #beautybusiness #beautybrands #beautybusinessgrowth #businessmanagement #consultingfirm #technopak #technopakadvisors #technopakinsights

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TIME TO STOP ‘LATINO COATING’ & PRIORITISE HISPANIC MARKET THROUGH AUTHENTIC ENGAGEMENT 🚫 Stop ‘Latino Coating’ or kiss your career goodbye, warns the Hispanic Marketing Council (HMC). It has launched a bold campaign –#STOPLATINOCOATING – urging US marketing & advertising chiefs to prioritise the Hispanic market and engage with the community authentically. With a value of $3.2 trillion, this market deserves more than superficial gestures. 💬 "To us, Latino Coating is a form of cultural appropriation that seeks to capitalise on Latino identity for marketing purposes without genuinely valuing or respecting the culture. It’s akin to whitewashing, greenwashing, or rainbow washing, but it preys on Latino identity, offering a mere illusion of inclusivity by adding Latino elements on the surface. It’s activating during Hispanic Heritage Month and patting yourself on the back,” explained Luis Miguel Messianu, Founder, President and Chief Creative Officer of MEL & creative director of this campaign. 👁️‍🗨️ "It’s time for CMOs to wake up, treat us as we are: the fifth largest global economy,” adds HMC’s Chair & Zubi's Isabella Sanchez. #FairPlayTalks #StopLatinoCoating #HispanicMarket #Inclusion #AuthenticityMatters #AuthenticEngagement #ChiefMarketingOfficers https://lnkd.in/e4fHqcJk

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Unlock your path to industry excellence by downloading our 2024 Tradeshow Calendar! Stay ahead of the curve and elevate your professional beauty game. Dive into a year filled with opportunities to network, discovering the latest trends, enhancing your skillset, and more. Whether you’re a seasoned pro or just starting, our calendar is your go-to resource for staying in the know about the hottest beauty events of the year. Don’t miss out on the chance to maximize your career growth - grab your calendar now and make 2024 your most successful year yet! Download your own copy in the link below 🔗 #beautypros #beautyprofessionals #cosmetology #beautypro #beautyinsurance #beautytradeshow

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We belong to the earth — la tierra — intimately connected to it and each other. Our skincare products are rooted in Mayan healing wisdom to uplift this reciprocity.  As wisdom-keepers and change-makers, we feel a deep responsibility to positively contribute to the planet and future generations. That’s why we’re so excited to expand our existing D2C growth to ***values-aligned retail partnerships***!  We strive to be a clean beauty resource you can count on, whether you’re a partner of ours, or an industry friend. Because truly clean, sustainable, ethically-sourced beauty deserves to flourish, and we can’t get there alone. If you’re a fellow clean beauty advocate, retailer, or want to explore how to connect with more conscious consumers, send us a DM or visit https://lnkd.in/gc4utwEd to get started.

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Puig setting to price IPO at top of range! Spanish beauty group Puig who own brands including Paco Rabanne, Charlotte Tilbury and Carolina Herrera will list at the end of this week and are aiming to reach a market capitalisation of close to €14 billion ($15.01 billion), according to Reuters. Any bids from investors coming in below €24.50 were at risk of missing out according to terms from Puig’s bankers. Puig aims to price its IPO on Tuesday 30th April, with a view to start trading on the Spanish bourse on Friday. It is set to be Spain's largest initial public offering in almost a decade. #luxurybeauty #luxury #beauty #markets #puigIPO #puig #financialmarkets #beautybusiness #spain #European #euro

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What’s next on The Beauty Brief? Guest writer Lara Ramirez is back with coverage on the latest from ILIA Beauty ✨ Stay tuned 🥰 💋XO, Bethany Paris Ramsay & Shiri Feldman #beautynews #beautytrends #thebeautybrief #besuty #complexion #beautybusiness #beautyindustry #beautywriters #beautymarketing

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Over four days of celebrations to mark its centenary in 2014, Spain’s biggest beauty products company inaugurated a new headquarters in Barcelona attended by the Iberian nation’s then Prince Felipe and threw a splashy party for more than 1,000 people at the world’s largest art nouveau complex. But in a quieter yet more important marker of that milestone, Chief Executive Officer Marc Puig, a member of the founding family’s third generation, took 50 of his top employees that year to Harvard University — his alma mater — to chalk out a growth path for the company in a case study that was co-authored by Krishna Palepu, a distinguished business school professor, and Puig’s then board member Pedro Nueno. Ten years on, the fruits of that blueprint are evident: With such well-known perfume and fashion brands as Rabanne, Jean Paul Gaultier and Carolina Herrera, revenue at Puig — which presents itself as a smaller yet more luxurious version of France’s L’Oreal — has more than doubled and the group is set to go public in the largest European offering of the year. Read more: https://lnkd.in/efN98s-t

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Over four days of celebrations to mark its centenary in 2014, Spain’s biggest beauty products company inaugurated a new headquarters in Barcelona attended by the Iberian nation’s then Prince Felipe and threw a splashy party for more than 1,000 people at the world’s largest art nouveau complex. But in a quieter yet more important marker of that milestone, Chief Executive Officer Marc Puig, a member of the founding family’s third generation, took 50 of his top employees that year to Harvard University — his alma mater — to chalk out a growth path for the company in a case study that was co-authored by Krishna Palepu, a distinguished business school professor, and Puig’s then board member Pedro Nueno. Ten years on, the fruits of that blueprint are evident: With such well-known perfume and fashion brands as Rabanne, Jean Paul Gaultier and Carolina Herrera, revenue at Puig — which presents itself as a smaller yet more luxurious version of France’s L’Oreal — has more than doubled and the group is set to go public in the largest European offering of the year. Read more: https://lnkd.in/efN98s-t

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