THE WHAT? Disgraced ELC executive, John Demsey has joined L Catterton as a Senior Advisor. The former Executive Group President left the US prestige giant under a cloud after posting controversial content on Instagram.
THE DETAILS The appointment has not been announced officially, but Demsey is now listed on L Catterton’s website. Both Demsey and L Catterton declined to comment when contacted by WWD.
Demsey signed a non-compete agreement with Lauder on his departure, which remains in place until March 2024. Presumably, then, Lauder has okayed the move.
THE WHY? LVMH’s private equity firm described Demsey as a ‘transformational business leader, builder and fashion/prestige beauty pioneer’. With rumors swirling around ELC’s future – activist Nelson Peltz is said to be pushing for a sale – could this appointment be more significant than it appears?
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Examples of aesthetics supplies include:
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Dermal Fillers: Injectable substances used to add volume and reduce wrinkles.
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Botulinum Toxin (Botox): Injectables used to temporarily relax facial muscles and reduce wrinkles.
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Laser Devices: Equipment used for hair removal, skin rejuvenation, tattoo removal, and other laser treatments.
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Chemical Peels: Solutions applied to the skin to exfoliate and improve texture.
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Microdermabrasion Devices: Tools used for mechanical exfoliation to rejuvenate skin.
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Microneedling Devices: Devices that create tiny punctures in the skin to stimulate collagen production.
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Cosmeceuticals: Skincare products that contain biologically active ingredients with pharmaceutical-like benefits.
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Sterilization and Disinfection Products: Essential for maintaining hygiene and preventing infections in clinical settings.
