NEW YORK — Many prestige beauty retailers got a lump of coal in their stockings this Christmas.
While a few retailers — including Nordstrom, Sephora and Victoria’s Secret Beauty — provided bright spots, as did the Internet, the season for prestige beauty retailers in general appeared to be the worst in a decade. Much of the business that was done happened in the last four days before Christmas and many retailers also reported "disappointing" post-Christmas sales.
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?"