BOCA RATON, Fla. — The weather might have been sunny at this year’s Cosmetics, Toiletry and Fragrance Association annual meeting, but the mood inside the poolside cabanas and conference rooms was largely overcast.
Despite a conference that drew an impressive lineup of industry heavyweights including Jean-Paul Agon, president and chief executive officer of L’Oréal USA;Andrea Jung, chairman and chief executive officer of Avon and chairman of CTFA; Jack Stahl, president and chief executive officer of Revlon; Werner Hofmann, senior vice president of Cosmopolitan Cosmetics, and Dan Brestle, a group president of the Estée Lauder Cos., "the mood is one of concern and uncertainty," said Brestle. Brestle, who is also one of the vice chairmen of CTFA, pointed out that no matter what topics are discussed — whether it’s banning ingredients outright or the labeling issue — the conversation always returns to the same question: "When is the business going to get better?"
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