PARIS – Extra modifications are afoot within the high echelons of Chanel, with the deliberate departure of Anne Kirby, president of Chanel Perfume and Magnificence, at year-end.
The manager, who has been with the posh home for 35 years, will probably be retiring.
“Underneath her management, the Perfume and Magnificence enterprise has achieved robust enterprise efficiency, whereas reinforcing a tradition of creation and innovation, significantly by way of the event of product choices and distribution around the globe,” Chanel mentioned in a press release.
“All of those actions have strengthened Chanel’s model fairness and constructed additional desirability amongst new and current prospects,” it continued. “In recent times, she has overseen constructing our authority within the perfume market. In make-up, by way of the modern Comètes Collective, she has pushed inventive potential in uniting completely different views to generate contemporary ideas.”
The Comètes Collective’s Cécile Paravina, Ammy Drammeh and Valentina Li.
Courtesy of Chanel
The Comètes Collective is a collective of make-up artists revealed in October 2022, beginning with three, who’re tasked with accelerating the inventive momentum of the Chanel Make-up Creation Studio and taking a pluralistic imaginative and prescient of magnificence by way of a collaborative effort.
Chanel mentioned that in parallel, Kirby’s robust innovation technique bolstered with knowledgeable analysis has resulted within the model’s skincare producing “vital” progress around the globe.
“Alongside these achievements, Anne has efficiently pushed large-scale enterprise transformation, contributing to our sustainability ambitions, creating our folks and dedication to innovation,” mentioned Chanel.
Kirby has held her present place on the home since September 2018. Previous to that, she commanded high roles on the Eres and Bourjois manufacturers.
Her successor will probably be introduced sooner or later, in line with Chanel.
Information of her impending departure follows the exit of Virginie Viard, creative director of style collections at Chanel, in June. It comes amid a worldwide altering of the guard that has seen quite a lot of veteran executives depart after lengthy careers on the home.
In separate information, Fabrice Raoul has been appointed as managing director of Chanel SAS, reporting to Bruno Pavlovsky, president of style and president of Chanel SAS. Raoul was named chief monetary officer Europe and CFO company finance France, as properly, following the retirement of Luc Dony, who held the positions for greater than 16 years.
Raoul had been international CFO for Chanel’s Perfume and Magnificence division since April 2016. Previous to that, from September 2021 to March 2016, he served as director of finance planning and evaluation for that division.
Over a couple of decade, Raoul held quite a few positions at Bourjois, after working at Nestlé and Elf Aquitaine, in line with his LinkedIn profile.
Chanel No. 1
Courtesy Picture
In Could, Chanel international chief government officer Leena Nair addressed the spate of high-profile government departures final 12 months – together with that of John Galantic, president and COO of Chanel Inc. since 2006, in addition to regional leaders for Japan, Asia Pacific, and the U.Ok., Canada and Latin America – after Chanel reported document revenues of $19.7 billion for 2023.
Nair mentioned it was all a part of a long-term succession plan set in movement together with her arrival in 2021.
“Management modifications and retirements are part of the pure cycle of enterprise. At Chanel, we’re very privileged and fortunate to have completed leaders who solid lengthy careers,” she informed WWD, noting that it’s common for executives to serve for a number of a long time on the firm.
“Every of them makes a major contribution and nurtures a brand new technology of expertise, and it’s a testomony to their management that we’ve an unbelievable bench and these new leaders are stepping in and taking on. All these modifications have been ready, deliberate and accomplished thoughtfully, as we do all the pieces at Chanel,” mentioned Nair.
