Ralph Lauren quietly shuttered its two-year-old 20,000-square-foot store last week. Other brands are expected to close boutiques in a city that has lost its luster for cash-rich mainland Chinese tourists.
The 15th-annual awards ceremony recognized the accomplishments of a cross section of beauty executives.
Sales for Avon’s third quarter dropped, but it is ahead of schedule with its restructuring plan.
Avon’s net sales were down 2 percent in the third quarter.
Lauder’s Tom Ford and Smashbox brands posted double-digit gains for the quarter, driven by lip products and specialty-multi, respectively.
The brow category was up 37 percent for the third quarter.
The company reported stable net sales Tuesday, at $16.5 billion.
The firm’s sales were pushed upward by numbers from Coach, Abercrombie & Fitch and Hollister.