Youcef Nabi has resigned from the role of Lancôme President Worldwide, L’Oréal has confirmed. Nabi assumed the position in 2009, and since then has grown the brand’s business considerably. A successor has yet to be named. No further details of the surprise exit are available.
The news comes less than a month after L’Oréal announced a number of appointments to its Executive Committee, effective 1 July.
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Youcef Nabi at the launch of La Vie Est Belle in France last year |