If you don’t know what a “beauty balm” or “blemish balm” is yet, chances are you will soon. Sales of the products, which are also known as BB creams, have grown significantly in the past several months, according to a new report from market researcher NPD Group. And it’s no wonder, as the creams blend together the benefits of several beauty products all in one — a plus for time-pressed women. Read More
This year at the Walpole China Luxury Conference in London there were actually bears in the room. Many expressed concern that if European consumer spending slowed, spending from China will not be enough to offset the weakness. Read More
With Coach shares hovering around an all-time high, it seems investors have put any worries about China on the back burner for now. But investors will be looking for the next leg of growth when Coach reports earnings Tuesday. Is the men's business the answer? Read More
Over the next five years, Brazil's consumption of personal care and beauty products will outpace that of developed markets including the U.S., making the country ripe for industry expansion. Read More
High street retailers have had a tough year in 2011, but Burberry is bucking the trend. A global slowdown and Europe’s still-unfolding sovereign debt crisis sets a dark cloud over the luxury market, but the British maker of trenchcoats and handbags turned in strong results earlier Tuesday. Read More
This week, India opened its doors to foreign retailers in a move that is expected to open the floodgates to western brands entering the skyrocketing Indian market. Read More