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Article: Patrick Bousquet-Chavanne talks to Dorothy C. Foster about the steps Estee Lauder is taking to keep up with the changing retail environment.(INDUSTRY INSIGHT)
- Article from:
- Cosmetics International
- Article date:
- March 23, 2007
- Author:
CopyrightCOPYRIGHT 2007 Communications International Group. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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"We are participating in a rather dramatic evolution," declares Patrick Bousquet-Chavanne, group president of the Estee Lauder Companies, with responsibility for the Aramis and Designer Fragrances division, Bobbi Brown, Darphin and Rodan + Fields, as well as for developing corporate strategic opportunities across Europe and Asia. "The consolidation of department stores within the past 12 to 18 months has had an enormous impact on the beauty industry, particularly the merger of Federated and May Company."
Bousquet-Chavanne believes that it is a tremendous opportunity to have a national nameplate in Macy's which has more than 800 stores in 45 states. "It gives us a ...