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Historically, when the economy gets rough, sales of lipstick go up. But for luxury beauty brands, that may not still be the case.
A lot of brands don’t seem to have a backup plan, says Jordan Holman of The New York Times. The platform is where “they need to be.”
Proposed legislation in New York state would increase labor protections for models, content creators and other behind-the-scenes fashion pros.
Cosmetics and fragrance are an evolving business — influenced heavily by the ethos of Gen Z.
Consumers can’t get enough of makeup, skincare and hair products even as inflation persists and a potential recession looms.
The troubled retailer has been struggling for a decade now. But is there still hope?
“My brain is tired from adapting so much,” says Ashlie Ordonez, owner of The Bare Bar in Denver, Colorado.
Beauty reporter Cheryl Wischhover says social media and industry profits are behind the abundance of celebrity makeup and skincare lines.
It’s rebounding after sales in the U.S. prestige beauty market declined almost 20% last year, according to the NPD Group.
Since the pandemic has changed behavior of cosmetics customers, analysts expect both Ulta Beauty and Target to benefit from their partnership.