LOS ANGELES, Nov. 15, 2016 /PRNewswire/ -- HATCHBEAUTY, a rapidly expanding beauty brand incubator and owner, strengthened its management team earlier this summer with the appointment of Michael Sampson as President, focusing to further the evolution of the business and brand portfolio. In his role, he will drive strategy and scale within the current brands and develop new marques in the organization with evergreen trajectories.
Sampson, holding a number of varying roles throughout his career in beauty and over a decade at L'Oreal, was formerly General Manager of L'Oreal Prestige Professional Brands, Kérastase and Shu Uemura. Prior roles included Vice President of Prestige Brands, Vice President of Sales for L'Oreal Professionnel and numerous other functions encompassing brand strategy, P&L Management and distribution expansion. His comfort as a leader and liaison, who works closely with his teams, makes Sampson a passionate executive with a highly focused approach for business growth.
As President, Sampson is responsible for HATCHBEAUTY's vertically integrated portfolio across numerous beauty platforms and channels. Managing multiple brands and categories, Sampson will establish and build marque equity and DNA leading what he refers to as the concept-to-consumption model and furthering the Company's already impressive results. He will expand HATCHBEAUTY's purpose-built channel focus in mass, professional, prestige and specialty retailers, seek bolt-on and accretive acquisitions with the executive team, and develop economic modeling and line investments, both nationally and internationally.
Sampson joins HATCHBEAUTY with an exciting appetite and drive for growth. "HATCHBEAUTY has an incredible ability to ideate, innovate and execute at the speed in which the consumer now demands. The company's agility brings the beauty enthusiast what she wants and when she wants it, creating a new normal in the space and a core component to our future trajectory. We look to build further equity in our range of offerings with investment in long-term growth pillars while we continue to do what HATCHBEAUTY has done so successfully these past six years, launching new and successful brands through best-in-class retailers," says Sampson.
HATCHBEAUTY founders are equally enthused about what Sampson adds to their services. "Michael Sampson is a very exciting addition to the HATCHBEAUTY leadership team. His expertise on brand strategy, channel strategy and marketing will bring an elevated approach to how we incubate and execute brand traction in the marketplace. We have placed an emphasis on becoming sticky with our customers through investment in brand marketing and deepen our commitment to continuing to deliver innovative concepts to our retail clients," shares Tracy Holland, co-founder and CEO of HATCHBEAUTY.
Adds Ben Bennett, co-founder and Chief Creative Officer, "In six short years, HATCHBEAUTY has had explosive growth. We've successfully built an incredible shared services platform for our portfolio of brands, comprised of some of the industry's best talent. We knew we needed an exceptional and visionary leader for this position, and Michael is clearly that person. We are thrilled to have him join the HATCHBEAUTY family."
HATCHBEAUTY is a company focused on beauty innovation, specializing in working with brands and retailers on product development, creative services and strategic planning in cosmetic, skincare, hair care, fragrance and beauty accessories. The company develops concepts appropriate for all channels of trade including prestige and specialty retail, direct to consumer, e-commerce and food, drug and mass. HATCHBEAUTY specializes in custom, brand-focused projects, delivering intelligent, inspired solutions in areas of creative services, product development, brand strategy, product design, product concepts, packaging design and execution planning.
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