The game in beauty is changing so much, if your product isnt high tech or cant make a unique performance claim – plump your lips, reduce your lines, look glossy, and stay on for 24 hours – you cant go to market today. Im not just talking about a $20 lipstick, but a $5 lipstick! – Andrea Jung
I became CEO at the beginning of the hit on old economy stocks. When something like that occurs in your first six months as a CEO of a more traditional branded firm, it makes for a fast learning curve. – Andrea Jung