L’Orèal’s Carol Hamilton to Focus Full-Time on Beauty Acquisitions
Carol Hamilton, formerly group president of the L’Orèal Luxe USA division, is now group president in charge of acquisitions. In the newly created role, Hamilton has been tapped to oversee acquisitions across all of beauty — something she sees as increasingly important given the market’s shifting landscape. “As I was thinking about this and discussing it with management, it became more and more clear that there was this opportunity to really look at acquisitions from a helicopter view, given the blurring of the channels,” Hamilton said. “Today, sometimes it’s hard to tell whether a brand is luxury or mass.” The role includes scouting, courting and preparing for brand acquisitions in the U.S. across all L’Oréal divisions. It’s an extension of work Hamilton has already been doing — she was instrumental in the acquisitions of Clarisonic, Urban Decay, the Proenza Schouler license and It Cosmetics, and helped integrate those brands into L’Oréal. “Carol’s ability to identify upcoming brands, spot the trends and connect and bond with founders as well as her strong business intuition will be an incredible asset for L’Oréal USA in its acquisition strategy,” wrote L’Orèal USA chief executive Frédéric Rozé in a memo to staff. Hamilton will focus on U.S. brands. Post acquisition,
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