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Ulta Beauty names new CFO

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2 months ago

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October 16, 2025

Ulta Beauty on Thursday announced the appointment of Christopher DelOrefice to the role of chief financial officer, effective December 5. 

Christopher DelOrefice – Becton Dickinson

DelOrefice succeeds Chris Lialios who was serving a interim chief financial officer until a replacement was found.

The beauty retail chain’s new CFO joins from Becton Dickinson & Company, where he has served as executive vice president and chief financial officer since September 2021.

Prior to Becton Dickinson, DelOrefice spent more than 20 years with Johnson & Johnson, where he held financial leadership roles of increasing responsibility including vice president, investor relations, vice president finance and CFO, North America hospital medical devices, and vice president finance and CFO, North America consumer.

He has also held leadership positions in accounting, financial reporting, global audit, and supply chain finance at Astra Zeneca Pharmaceuticals, AET Films, Inc. and Ametek, Inc, earlier in his career.

“We are thrilled to welcome Chris to the Ulta Beauty family. Chris brings deep financial expertise and a proven track record of delivering leading financial performance and building high performing, engaged teams across global organizations,” said Kecia Steelman, president and chief executive officer, who took on the top spot at the U.S. retailer in January.

“With demonstrated experience leading core finance functions, global operations, strategy, corporate development, and enterprise transformation for public companies, Chris will be a great partner to our team as we continue to execute our Ulta Beauty Unleashed strategy and deliver long-term value for all our stakeholders.”

DelOrefice is the latest in a string of new appointments at Ulta Beauty. In the prior year, it has recruited a new CMO and chief merchandising and digital officer, in addition to a new CEO.

Earlier this month, the company also revealed a new marketplace dedicated to beauty and wellness, located on the retailer’s website and app.

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Pacsun to open first Dubai store early next year amid rampant US store rollout

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3 hours ago

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December 18, 2025

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December 19, 2025

Pacsun announced on Thursday it plans to opens its first Dubai store in early 2026, after the U.S. retailer open nine domestic stores in 2025 with 20-35 slated to open across the U.S. next year.

Pacsun

The debut flagship Dubai store will be Pacsun’s first international location in its 40-year history, and comes after the retailer revealed it had inked a new regional partnership in the Middle East with Majid Al Futtaim, earlier this month.

Under the agreement, Pacsun said it plans to open up to 20 stores across the Middle East over the next five years, including another flagship location in Abu Dhabi. 

The Dubai location comes on the back of two recent store openings across the U.S. — in New York City and Westchester — as the Los Angeles-based retailer looks to capitalise on double-digit growth in in-store traffic.

Looking ahead, the brand plans to add 20–35 new stores over the next three years, with nine leases already signed for 2026 — making next year the biggest domestic retail expansion for the company in nearly two decades.

“Our stores have become cultural touch points for a generation that values experience as much as product. What begins on our social channels—inspiration and community—ultimately drives young people to see it in person. Doubling down on brick-and-mortar simply reflects what our community is already telling us,” said Brieane Olson, chief executive officer, Pacsun.

Earlier this month, PacSun launched a curated resale shop, introducing PS Vintage Powered by Springy, a dedicated collection of thousands of one-of-a-kind vintage pieces for men and women. 

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Commercial property company Socri rebrands as Ceiba to target international markets

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5 hours ago

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December 18, 2025

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December 19, 2025

Montpellier-based group Socri Limited has announced a change of identity to become Ceiba, a name registered in around thirty countries to support the group’s international ambitions.

Ceiba

The group notably operates the Polygone shopping centres in Béziers and Montpellier, the Galeries Lafayette department stores in Avignon and Béziers, and the La Coupole shopping centre in Nîmes.

“Ceiba is a logical step,” explained its chairman, Nicolas Chambon. “We are not changing what we do; we are embracing what we have become. This new name allows us to assert an identity that is clear, committed, and true to our values.”

The name Ceiba, taken from the sacred Latin American tree, had already been used by the group’s U.S. subsidiary. Its adoption at group level “forms part of a deliberate international trajectory,” according to the company, which was founded in 2023.

The company's new logo
The company’s new logo – Ceiba

The group’s Nîmes shopping centre recently welcomed the opening of a Galeries Lafayette store, inaugurated on October 2. The opening is reported to have delivered a 45% increase in footfall at the 13,500-square-metre shopping centre at the start of autumn.

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MadaLuxe Group acquires fine jewelry brand Ippolita

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6 hours ago

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December 18, 2025

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December 19, 2025

MadaLuxe Group on Thursday said it has acquired fine jewelry brand Ippolita, as the U.S. lifestyle group looks to bolster its portfolio and expand into the fine jewelry category.

Ippolita

Financial terms of the deal were not disclosed.

Under the deal, founder of Ippolita, Ippolita Rostagno, will continue in her role as chief creative officer, overseeing all aspects of design across the brand’s jewelry collections.

“I founded Ippolita with the belief that fine jewelry should celebrate the artistry of the hand and honor the individuality of the women who wear it,” said Rostagno. “Joining MadaLuxe Group opens an exciting new chapter—one that allows us to protect our heritage while embracing meaningful opportunities for growth. I am delighted to continue guiding the brand’s creative vision as we reach an even broader global audience.”

Launching in 1999 exclusively at Bergdorf Goodman, Ippolita is known for its sculptural jewelery that blends contemporary design with Italian craftsmanship. Today, the brand is sold through leading luxury retailers and boutiques worldwide.

“We are thrilled to welcome Ippolita into the MadaLuxe Group family,” said Adam Freede, CEO and co-founder of MadaLuxe Group, which added it will support the New York fine jewelry brand’s continued growth across key markets worldwide.

“Ippolita is an iconic brand with a rich artistic heritage, extraordinary customer loyalty, and a timeless visual vocabulary. We see significant opportunity to drive brand growth through strategic support and investment. Above all, we saw a great chance to add someone as talented as Ippolita to the MadaLuxe family, who views the importance of people and company culture the same way that we do.”
 

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