The global financial turmoil has rattled even the die-hard beauty shoppers, who have resorted to buying smaller sizes of luxury brands and snapping up value-priced gift sets in department stores. Some prestige market consumers have traded down to premium-priced mass brands in drugstore chains, while mass shoppers are turning to budget brands.
“People are spending a little less and there is less traffic in stores, but the customer is still buying,” said Howard Kreitzman, vice president of cosmetics and fragrances for Bloomingdale’s.
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?"