Global beauty company Parlux Holdings Inc. has named 30-year beauty industry veteran Stuart Neuman as its new senior vice president, business strategy, and planning for its Quality Fragrance Group (QFG) division, effective immediately.
In this newly created role, Neuman will be responsible for expanding the company's fragrance portfolio and retail footprint. He will equally implement growth strategies to further realize QFG's vision and competitive advantage.
Neuman joins the New York-based company from Century 21 department store's cosmetic and fragrance division, where he served as vice president and was responsible for enhancing the retailer's product offerings with international designer fragrance brands.
Prior to this, he held key management positions at Saks Fifth Avenue and Lord & Taylor department stores.
Neuman will report directly to Stephen Nussdorf, executive chairman of Parlux.
"Stuart is a beauty industry leader with a proven track record of achieving revenue growth, driving business development and introducing prestige product assortments to engage consumers," said Nussdorf, in a news statement.
"We look forward to Stuart bringing his strategic insights and industry relationships to the team as we continue to expand our company profile and the QFG portfolio.”
"There is tremendous opportunity to leverage the company's brand portfolio, expand distribution while forging new business partnerships,” added Neuman. "I look forward to working with the QFG team on creating exciting programs and further reinforcing our competitive edge."
Founded in 1987, Parlux currently holds fragrance licenses for brands including Vince Camuto, Pierre Cardin, Kenneth Cole, Jason Wu, and Paris Hilton, among others.