Recession Resistant? Wall Street Sees Rough Road Ahead

Prior, Molly
September 2008
WWD: Women's Wear Daily;9/26/2008, Vol. 196 Issue 66, p14
Trade Publication
The article forecasts on how beauty firms will manage the financial crisis and the impact of this economic crisis on their businesses in the U.S. Emerging firms that have won favor with consumers and alternative retail channels with their niche positioning will have rougher road ahead. It appears that smaller businesses are opting for exit route instead of looking for capital. It is expected that high-end and low-end brands will perform decently at the expense of the middle tier.


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