M.A.C Cosmetics names Nicola Formichetti new global creative director
The Estée Lauder Companies announced on Wednesday the appointment of fashion veteran Nicola Formichetti as global creative director of its M.A.C Cosmetics brand, effective May 19.
Formichetti will report directly to Aïda Moudachirou-Rébois, M.A.C's senior vice president and global general manager.
'M.A.C is an iconic brand that has always championed the people and communities that move culture forward,' said Formichetti, who previously collaborated with the New York-based brand on the designer's Nicopanda collection and the M.A.C Viva Glam campaign.
"I'm thrilled to return and bring my vision to this next chapter. The world is craving creativity, beauty, and connection—and I can't wait to help bring that to life in a magical way.'
Formichetti is a multi-hyphenate renowned for his work with celebrities such as Lady Gaga, notably the pop star's meat dress at the 2010 MTV Video Music Awards, and his creative oversight of some of fashion's biggest houses, including a stint as creative director of Italian denim brand Diesel from 2013 to 2017.
'Nicola is a once-in-a-generation creative talent who perfectly embodies the bold, fearless energy of M.A.C and our global community,' said Moudachirou-Rébois.
'Like our consumers, Nicola is passionate, expressive and knows how to push boundaries. His appointment is not only a celebration of artistry, but a reflection of our commitment to serving our consumers with of-the-moment relevance, creativity and authenticity. He is the perfect creative director to drive the brand into its next exciting chapter.'
Formichetti's appointment comes as parent company Estée Lauder grapples with lacklustre sales in recent quarters.
In its most recent trading update earlier this month, the company said net sales for the third quarter decreased 10 percent to $3.6 billion, while organic net sales fell 9 percent.
Looking ahead, the company said it expects sales to drop by up to 9 percent in 2025, on the back of continued weakness in Asia and travel retail segments.
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