Sephora appoints new CEO: Guillaume Motte – WWD

Sephora appoints new CEO: Guillaume Motte – WWD

PARIS — Sephora has appointed Guillaume Motte as its new president and chief govt officer, efficient January 1.

Motte – a seasoned retail govt who just lately labored at Sephora – will succeed and report back to Chris de Lapuente, in accordance with an inner memo obtained by WWD.

De Lapuente has returned to the position of CEO of Sephora following the sudden departure this June of Martin Brok, who joined the sweetness retailer in September 2020.

On the identical time, de Lapuente continues to function president and chief govt officer of the Selective Retail division at Sephora’s mum or dad firm, LVMH Moët Hennessy Louis Vuitton.

Motte’s appointment comes at a important time for Sephora, the one prestigious magnificence retailer with a world presence, as the corporate expands geographically and competes head-to-head with the likes of Sephora. Multichannel play is on the rise and increasingly more.

He took the helm as Sephora was successful in markets just like the European Union, taking up arch-rivals Ulta within the aggressive US and rejoining the UK, first by swap model to In the meantime, Sephora’s on-line enterprise is being in-built China, with a modified retailer mannequin there.

When it comes to gross sales, Sephora is again to 2019 working ranges, and trade sources estimate that its income this yr will surpass the €10 billion mark.

Motte was most just lately deputy chief govt officer of LVMH Vogue Group, a place he assumed in Could 2021 in a newly created position the place he stories to Sidney Toledano, president and chief govt officer. vogue department. It has a variety of manufacturers together with Celine, Givenchy, Marc Jacobs, Kenzo, Loewe, Emilio Pucci, Patou and Rossimoda.

Previous to that, Motte served as president of Sephora Europe and the Center East, beginning in March 2018. In that place, the chief govt has been credited with accelerating the house’s omnichannel attain. Robust retail and branding, with campaigns akin to the great marketing campaign, named The Infinite Energy of Magnificence.

Motte introduced Sephora again to Germany after a 16-year hiatus and inaugurated a brand new flagship retailer there on the time billed as a next-generation retailer.

Earlier than becoming a member of Sephora, he was the CEO of French menswear chain Celio for 3 years. He additionally ran French ladies’s ready-to-wear model Jennyfer for over six years and held positions at different corporations, together with Al Tayer Tendencies, FNAC and McKinsey & Co.

He graduated from the École Centrale Paris with a level in engineering, and holds a grasp’s diploma in economics from the College of Cambridge and an MBA from the French enterprise faculty Insead.

In an inner announcement, de Lapuente welcomed Motte again to Sephora.

“His expertise over the previous two years at LVMH Vogue Group, together with Sidney Toledano, has broadened his prestigious branding experience and deepened his already deep retail and enterprise expertise. his enlargement on a world degree,” de Lapuente stated. “Guillaume is an inspirational and admired chief who embodies the fervour and distinctive tradition of Sephora.

“Guillaume has an incredible stability of being robust in retail execution, strategic and ahead considering in its outlook,” continued de Lapuente. “He has a deep understanding of all of the elements that make Sephora essentially the most liked magnificence neighborhood on this planet. I’ve little question he’ll proceed to construct Sephora into the distinctive high-end magnificence retailer we envision. I’m very completely happy that we are going to work collectively once more.”

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