The Estée Lauder Cos. Inc. is increasingly taking a global view in 2014, and has its eyes trained on emerging markets, particularly China.
Lauder president and chief executive officer Fabrizio Freda acknowledged a slowdown across China’s tier-one cities, but said the country’s tier-two, -three and -four cities are gaining at a healthy clip as the middle class grows. And those cities are precisely where Lauder plans to expand its distribution and e-commerce presence. His upbeat outlook contrasted sharply with the recent action of Revlon, which was recently forced to exit the market. In addition, L’Oréal withdrew its Garnier brand.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
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?"