WWD article announced that Jo Malone and her husband will resign from the company. In her letter of resignation, Jo Malone states that “After much soul-searching, I believe that this is a good time to make this decision as the brand is in a secure position and I have many other dreams and passions I would like to fulfill. Every moment of building this special business – from the first day we opened our doors through today and all the wonderful moments in between – has been a magnificent journey. I want to thank everyone who has helped and encouraged us, and I remain particularly grateful to (Lauder chairman) Leonard and (senior corporate vice president) Evelyn Lauder for their mentorship and friendship.”
Jo Malone company became a part of the Estée Lauder group in 1999. The resignation does not seem to be connected with the acquisition, however. Thanks to Cedric for the news.