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More Estée Exits & LVMH Portfolio Pruning

A potpourri of fashion new and analysis: One surprising and one perhaps not-so-surprising executive departure at MAC Cosmetics, a new beauty title from Document Journal’s Nick Vogelson, Bernard Arnault’s cryptic messaging around duty-free shops, and a New York magazine hiring scoop.

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Drew Elliott
There’s been a creative exodus of sorts at The Estée Lauder Companies, including the departure of two senior executives. First, there’s Drew Elliott, MAC Cosmetics’ global creative director and one of the most celebrated creatives at the company, who resigned earlier this week. Photo: Rebecca Lewis/Getty Images
Lauren Sherman
&
Rachel Strugatz
February 14, 2025

Line Sheet, the ultimate fashion industry bible, offers daily intel from Lauren Sherman, Rachel Strugatz, and Sarah Shapiro on every aspect of the business and its biggest players. (Sign up here to get it in your inbox.) Here’s the latest you need to know:

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