MEXICO CITY — Brazil’s beauty industry, the world’s third-largest, is expected to grow by 11.8 percent to 42.6 billion reals, or $19.2 billion at current exchange, this year, despite slowing consumption on the back of Brazil’s economic downturn.
Latin America’s largest economy is set to grow a mere 1 percent in 2014, down from a 2.3 percent hike last year and much higher growth rates in the past few years.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)