Chanel has appointed Simona Cattaneo as the new president of its fragrance and beauty division, set to start in January, following current president Anne Kirby’s retirement at the end of the year. Cattaneo, a seasoned executive, brings over 30 years of experience in luxury beauty, having held leadership roles at Tod’s, Coty, Burberry, Parfums Christian Dior, and L'Oréal. Chanel praised her expertise in managing prestige brands, building new businesses, and leading transformations in global organizations. Kirby’s departure follows recent executive changes at Chanel, marking a shift in leadership within the company.