The Cos Bar isn’t immune to the recession, but the beauty retailer appears to be surviving it better than most.
The company said sales for the 11-unit beauty chain in September, for example, are projected to be down in the single digits. But for October and the holiday months, sales are expected to be flat, or at least coming in at up or down 2 percent, officials continued. Sales projections for 2009 are down approximately 10 percent, according to industry sources, far less of a decline than expected in this economy.
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?"