By  on August 15, 2018

Prestige beauty is on the edge of a discounting spiral.

“It’s finally coming to cosmetics, what’s happened in apparel and ready-to-wear and home,” said Barbara Zinn Moore, president of Barbara Zinn Moore Associates, a retail and beauty consulting firm, and the former vice president of cosmetics at Lord & Taylor. “In the environment we live in today, with so much discounting, it was almost inevitable that it would reach the cosmetics division.” 

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