Why have so many beauty executives changed roles this year? This week, I checked in with esteemed executive recruiters and industry experts to unpack the many executive hirings and departures happening across the beauty industry. Additionally, Unilever and L’Oréal Group make splashy acquisitions, Ulta Beauty’s CFO suddenly departs, and Neutrogena owner Kenvue plans for dozens of corporate layoffs.
It’s no coincidence that there are more fashion collaborations with Formula 1 than ever before. With products from licensed T-shirts selling for $35 all the way up to one-of-a-kind Formula 1-inspired watches selling for over $1…