Porcelli to lead development of Unilever brands at Lancaster

Tina Milton

2-Nov-2005

Joe Porcelli, Lancaster Group Worldwide vice-president travel-retail and export, is to lead the group's travel-retail division and the integration of the Unilever Cosmetics International (UCI) portfolio, which it acquired in May this year for $800m

The announcement was made by Lancaster Group worldwide president Michele Scannavini at a cocktail party at the Carlton Hotel in Cannes.

Scannavini said the company aimed to achieve global leadership in the fragrance market, both in terms of market share and innovation, by creating new concepts, product personalisation and innovative retail partnerships.

He commented: "We want to build a very modern, energetic and dynamic vision driven by the entrepreneurial spirit of the company. We want to build a competitive and highly skilled company which merges the best talents of the two organisations."

Porcelli told DFNI: "There's going to be a lot of excitement going forward. We're number three in the prestige fragrance market but our goal is to be number one. There has been a great deal of innovation within the group and it's going to increase."

Scannavini anticipates that the integration of the UCI business will enable the business to further develop its motto of the last three years – faster, further, freer.

Senior vice president commercial Lancaster Group worldwide Jean Mortier said the company's double digit growth momentum has continued since the UCI purchase with sales growth of 15% for the first quarter.
 
For a full report of the reorganization see DFNI Nov 15.

 

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(1-Jun-2005) - Coty has secured a deal to purchase Unilever's global prestige fragrances business Unilever Cosmetics International (UCI) for $800m
(15-Nov-2005) - Lancaster Group has revealed plans for its newly-incorporated Unilever Cosmetics International (UCI) portfolio, which it acquired in May for $800m
(2-Aug-2003) - Lancaster Group Worldwide Travel Retail & Export has set up its new headquarters in Miami, Florida.
(15-Dec-2004) - Coty subsidiary Lancaster Group Worldwide expects revenues to grow by 20% annually in Asia over the coming years.
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