Changing Beauty Retail Environment Leaves Indie Brands “Homeless”
This article was originally published in The Rose Sheet
Executive Summary
Niche brands are gravitating to upscale drugstore formats as specialty retail doors – including original “indie incubator” Sepora – close to them. Duane Reade’s “Look Boutique” has become one such refuge for homeless brands.
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In Brief
To focus on its core beauty business, CVS/pharmacy will close all Beauty 360 locales May 19. P&G introduces CrestPro-Health Clinical to reduce plaque reoccurrence, while Philips Norelco launches new shavers that can be used wet or dry.