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.
The 2,000-square-foot flagship is home to exclusive makeup master classes.
The Canadian essential-oils specialist is planning to open 30 stores in the country within the next year and 150 stores within the next five years.