News Formal

The Beauty Industry Is Defying Inflation

  • 📰 WSJ
  • ⏱ Reading Time:
  • 2 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 63%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Consumers are still willing to pay up to look and smell good, setting beauty companies apart from a range of industries dealing with declining demand from inflation-weary shoppers

Consumer spending has held up relatively well so far despite inflation, but experts say we’re approaching an inflection point. WSJ’s Sharon Terlep explains the role “elasticity” plays in a company’s decision on whether to raise prices.

Photo illustration: Adele Morgan
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Taiwan's virtual beauty brand struggles on Wall Street debut | CNN BusinessTaiwan’s latest entrant to Wall Street has had a rough ride since it went public a week ago.
Source: cnni - 🏆 326. / 59 Read more »