By and and  on January 9, 2009


It is a picture that many beauty retailers, manufacturers and industry observers painted in describing this holiday season, which saw the bottom fall out of categories like prestige fragrance and smaller losses in makeup and skin care.

And the spring season will not be much better, at least in the view of one major department store retailer. “The business is going to continue to be difficult more because of the macroenvironment; business in general will be difficult,” said Jon Pollack, executive vice president and general merchandise manager of Belk Inc. “We’re going to be looking at negative growth through the first half of the year — that’s basically how you have to look at it. The business will continue to be difficult. Down is down.”

He added, “We are focused with our assortment and approach and we will be weathering it and dealing with it the best we can. We’re going to take the lumps along with the rest of the luxury market.”

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