Supima, the cashmere of the cotton world, has won a fresh and artistic accolade. On Monday night, French artist Adrien Vescovi unveiled two giant seven-meter high toiles of dyed Supima inside the Palais de Tokyo.
Xavier Vey, with L'Oréal since 1998, is the new head of L'Oréal Luxe in western Europe. He has been replaced as head of L'Oréal Luxe in the USA by Megan Grant, formerly in charge of cosmetics brand Kiehl's.
The Japanese underwear manufacturer has entered into an agreement to acquire U.S. lingerie company Intimates Online, which operates the Lively brand, for $85 million, as it looks to boost its growth in the region.
L’Oréal USA has named Megan Grant as the new president of its Luxe division, following the promotion of Xavier Vey to general manager of the Western Europe zone for the Luxe division, both effective July 1, 2019.