By Michael Dabaie
Estee Lauder Cos. said it promoted Stephane de La Faverie to group president, while continuing in his role as global brand president of Estee Lauder and AERIN.
As group president, Mr. de La Faverie's new portfolio of brands will include Jo Malone London, Aramis and Designer Fragrances, Le Labo, Darphin, Lab Series, By Kilian, Editions de Parfums Frederic Malle, RODIN olio lusso and Prescriptives.
He will oversee Estee Lauder's recently announced third brand cluster, which is focused primarily on artisanal and luxury fragrances.
Mr. de La Faverie was named global brand president of Estee Lauder and AERIN in July 2016.
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