Goldman Sachs appoints Global Luxury and Beauty Division head amidst sector's growth potential

Investment bank Goldman Sachs has appointed Cosmo Roe to head up its global luxury and beauty division. The appointment showcases the firm's recognition of the sector's potential for growth. With a history of involvement in major deals such as the sale of Tom Ford to Estée Lauder, Roe, who previously was a partner in the company’s consumer division, underscores his expertise in dealmaking, reported WWD.