Ralph Lauren quietly shuttered its two-year-old 20,000-square-foot store last week. Other brands are expected to close boutiques in a city that has lost its luster for cash-rich mainland Chinese tourists.
The 15th-annual awards ceremony recognized the accomplishments of a cross section of beauty executives.
Aggressive promotions over the holiday season as eye-popping as buy-one-get-seven-free fell flat with consumers.
The two-level, 5,000-square-foot landmarked store, which was the site of Andy Warhol’s last home and studio, was obviously a labor of love.