Lafley took back command as president and chief executive officer, replacing Bob McDonald when he suddenly announced his retirement from the company after 33 years. Perhaps the biggest executive shakeup occurred this past June at P&G when A.G. (Just to keep in mind though, P&G’s drop in positioning had to do in part to a change in how it now reports its figures, with Beauty now split from Personal Grooming.)
L’Oréal took a commanding lead, followed closely by Unilever, with P&G a strong third. Most noticeable is the re-ranking of our Top 3, in which all contenders changed position for the first time in years.
Our annual comparisons resulted in some reshuffling of global players’ standings, but for the most part, our list remains similar to those of previous years. Read on for a look at the people, programs and products that contributed to overall sales figures that exceeded $154 billion in fiscal 2013.įiscal year 2013 proved to once again be a challenging one for beauty companies, but there were plenty of bright spots, too, and almost all of our Top 20 reported gains-some sizable. Meanwhile, other CEOs stayed the course, and exceeded their firms’ previous financial records. Click here to review the latest Top Companies List.ĭuring a year in which beauty companies were caught up in stabilization efforts-following the shaky conditions wrought by global economic issues, failed takeovers and unpopular strategic planning, to name a few-keen management proved crucial, and many of our Top 20 took to the boardroom to name new executives to take the lead-and keep corporate goals on track. The 2021 Top Company Report is live online.
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