In a significant move which also a response to today's changing market conditions, Coty Prestige has announced that it is to merge its Global Travel Retail and Export Divisions into a single unit headed up
by Peggy Elsrode, Regional Vice President Commercial, based in Geneva.
The company says that the move will consolidate the worldwide organizations into a single business entity.
Peggy Elsrode became part of the Coty organization through the Coty acquisition of Unilever Cosmetics International and brings over a decade of experience in Global Travel Retail & Export while working for Unilever Cosmetics International which was acquired by Coty in 2005.
She then moved to the post of Regional Vice President North Europe, responsible for the UK, Benelux and Swiss Domestic markets and Global Digital development; as well as the European/ Latin American Export markets .