Foster brings over 20 years of digital and e-commerce experience to Coty. He will oversee all three of Coty's divisions as Global SVP of E-commerce, and he will report to Chief Digital and Media Officer Jason Forbes.
Thia Breen, Group President of North America, will retire from Estée Lauder after 40 years. Chris Good, President of UK and Ireland, will succeed Breen and Philippe Warnery, current GM, Canada, will succeed Good.
The partnership will see the prestige beauty business work together with Jennifer Lopez to develop a new strategy to boost her fragrance business globally. The actress' fragrance franchise was previously handled by Coty.
Fragrance maker Givaudan confirmed its mid-term targets and said it wanted to keep growing its dividend after growth slowed less than expected in the first quarter, helped by a strong performance in North America.
Founded in 2014, the Montreal start-up has opened an office in France's Lille, in a bid to uncover retail trade insights, via an online website, which allows citizens to say which businesses they want in their district.
This year, L'Oréal Paris is celebrating a two-decade partnership with France's best-known film festival with a new version of its iconic Color Riche lipstick, which picks up on the festival's own red-carpet color scheme.