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CEOWORLD magazine - Latest - Banking and Finance - Sacha Laing Named as New CEO of Adore Beauty

Banking and Finance

Sacha Laing Named as New CEO of Adore Beauty

Adore Beauty has announced the appointment of Sacha Laing, an experienced retail executive, as its new Chief Executive Officer. Laing, who previously served as CEO of Alquemie Group, will begin his new role on October 1.

Laing brings over 25 years of experience in the retail industry. His most recent role was as Group CEO and Director of Alquemie Group. He became CEO of General Pants Co. when it was acquired by Alquemie Group in 2022 and subsequently took on the position of Group CEO at Alquemie Group. Laing has also held the role of CEO at Colette by Colette Hayman and has had executive leadership positions at Country Road Group and David Jones.

Reflecting on his career, Laing mentioned that he felt privileged to have led and collaborated with some of Australia’s premier retail brands. He thanked Marina Go and the Board for the opportunity to lead Adore Beauty, Australia’s leading pure-play online beauty retailer.

Marina Go, Chair of Adore Beauty, commented on Laing’s appointment, stating that his extensive experience in retail and omnichannel operations aligns perfectly with the company’s strategic goals. She highlighted Laing’s proficiency in e-commerce, retail operations, private label development, product management, loyalty programs, and marketing and communications strategy. Go emphasized that Laing’s leadership will significantly bolster the company’s executive team, positioning Adore Beauty for continued revenue growth and increased market share.

The preliminary FY24 results released by Adore Beauty last week indicated that the company is currently experiencing solid sales growth and profitability, setting a strong foundation for Laing’s tenure.

Laing expressed his excitement about joining Adore Beauty during a period of significant growth. He acknowledged the company’s loyal customer base and core brand purpose of empowering consumers to face each day with confidence. Laing outlined his strategic focus areas, which include the development of stand-alone Adore Beauty physical stores, expansion of private label brands, and the integration and growth of the iKOU business, which is expected to be completed later this month.

 

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CEOWORLD magazine - Latest - Banking and Finance - Sacha Laing Named as New CEO of Adore Beauty
Anna Siampani
Anna Siampani, Lifestyle Editorial Director at the CEOWORLD magazine, working with reporters covering the luxury travel, high-end fashion, hospitality, and lifestyle industries. As lifestyle editorial director, Anna oversees CEOWORLD magazine's daily digital editorial operations, editing and writing features, essays, news, and other content, in addition to editing the magazine's cover stories, astrology pages, and more. You can reach Anna by mail at anna@ceoworld.biz