Jewellery (jewelry)

Beauty is treading a slippery slope.

With a financial maelstrom raging on Wall Street, the fourth-quarter outlook for the $8.9 billion U.S. prestige beauty industry is wary at best, with reports of overall department store sales down 1.6 percent for August and behind by ОФИС-МЕНЕДЖЕР percent for year-to-date.

Cosmetics manufacturers and retailers don’t expect an easy road to the holidays. “I can’t imagine that the beauty industry will be able to pull off any more than flat [through December],” said Terry Darland, general manager of Parfums Christian Dior, North America.

Referring to fragrance sales, Bob Cankes, president of Coty Prestige North America,…