Editor
When Stéphane Rinderknech was named chairman and chief executive of the perfumes and cosmetics division at LVMH in March, it was an expected appointment. Rinderknech joined the French luxury group a year earlier ostensibly to lead its hospitality division, but the executive was a beauty veteran, having spent 18 years in senior roles at L’Oréal. To say his departure was a blow to the world’s biggest beauty company is an understatement:…
