Wander around the fashionable neighbourhoods of New York, London, Paris, Seoul or Tokyo and you’ll notice the typical assortment of designer fashion boutiques, matcha cafés and upmarket furniture shops have a new neighbour: beauty stores — and lots of them.
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The company’s strategy to pivot away from low-value, high-volume items is gaining traction. Source link
South Korea’s largest beauty retailer makes a brick-and-mortar bet on the US K-beauty boom’s staying power, with further expansion planned across the country. Source link
A K-shaped economy is a tale of two consumers: the highest earners prop up all discretionary spending, and the lower earners pull back. The US […]