Are Estée Lauder’s struggles a sign the good times might be over for UK beauty retail?

SpaceNK beauty bag

Source: Space NK

As global cosmetics giant Estée Lauder Companies reported a fall in sales marked by a slowdown in prestige beauty sales, Retail Week explores if this should be a cause of concern for beauty retailers in the UK

Such news may be a surprise for beauty retailers in the UK, which have enjoyed a boost in sales despite high inflation and the cost-of-living crisis.

 

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