Sharp pricing combined with razor-edged product and promotional ideas and good old-fashioned value are the main defenses being employed by beauty manufacturers caught in the vice of a merciless calendar and a doomsday economy.
Some industry executives speculated that the department store beauty business would finish the year down by as much as 3 percent to 4 percent. Another observer noted, “anywhere from minus two to plus three would be an outstanding result.”
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"