By  on February 20, 2009

BEVERLY HILLS, Calif. — Cosmetic Executive Women inaugurated the Women in Beauty Series on the West Coast last week with a clear message from Pamela Baxter that the recession has not — and will not — kill the luxury market.

“If you are a luxury brand, you have to stay focused. I don’t think you can go with the winds of the economy,” the president and chief executive officer of LVMH Moët Hennessy Louis Vuitton’s Perfume and Cosmetics Group and Christian Dior Inc.’s U.S. division told 225 people gathered at the Beverly Hilton. “At the end of the day, people do want to dream.”

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