Coty’s Galantic joins Chanel
This article was originally published in The Rose Sheet
Executive Summary
Coty Beauty U.S. President John Galantic has been named president and chief operating officer of Chanel, luxury firm announces Oct. 31. In his new role, Galantic will be responsible for all activities in the U.S. market including beauty, fragrance and fashion, firm says. The exec will report to Global CEO Maureen Chiquet. Galantic became the head of the U.S. division of Coty in 2001, responsible for developing and expanding the firm's U.S. mass market fragrance, cosmetics and toiletries businesses (1"The Rose Sheet" Nov. 5, 2001, p. 3). Under his leadership, Coty built its celebrity fragrance portfolio with the Jennifer Lopez (2002), Celine Dion (2003) and Shania Twain (2005) brands. Coty declined to comment at this time on possible replacements for the exec...