Beauty News. Beauty Also Seeing Effects of a Bad Economy

According to WWD, the financial meltdown on Wall Street is casting a dark pale over the fourth-quarter outlook for the $8.9 billion U.S. prestige beauty industry. Reports of overall department store show sales were down 1.6% for August and behind by 1% for the year-to-date. What happened to buying yourself a little cosmetic pick-me-up when …

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