THE WHAT? LVMH has allocated new responsibilities to two of its senior executives. Romain Spitzer, CEO of LVMH Fragrance Brands will have New Ventures added to his role while Stephanie Medioni, Executive President, LVMH Perfumes & Cosmetics, will now lead on CMI, Media, Retail and Omnichannel too.
THE DETAILS According to a report published by WWD, Spitzer will help support brands in other divisions of the group as they develop their beauty offer in addition to his duties heading up Parfums Givenchy and Kenzo Parfums.
Medioni will lead ‘the ambition of consolidating transversal functions’ in addition to her current responsibility for strategy and development.
THE WHY? These expanded roles reflect the beauty category increasing importance to luxury brands, says WWD.
Clinical aesthetics products refer to a category of products used in the field of medical aesthetics or cosmetic dermatology. These products are typically designed and formulated to be used under the supervision of healthcare professionals, such as dermatologists, plastic surgeons, or trained aestheticians. They are distinct from over-the-counter cosmetics in that they often contain active ingredients or formulations that require expertise in their application or administration.
Examples of clinical aesthetics products include:
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Dermal Fillers: Injectable substances used to add volume, smooth wrinkles, and enhance facial contours. Examples include hyaluronic acid fillers like Juvederm and Restylane.
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Botulinum Toxin (Botox): Injectables that temporarily paralyze facial muscles to reduce the appearance of wrinkles caused by repetitive movements, such as frown lines and crow's feet.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve its texture. They can treat acne, pigmentation issues, and signs of aging.
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Laser and Light Therapies: Devices that emit focused light or laser energy to treat various skin conditions, including acne, scars, and signs of aging.
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Prescription Skincare Products: Formulations containing active ingredients like retinoids (vitamin A derivatives), hydroquinone, or prescription-strength antioxidants to address specific skin concerns under medical supervision.
