Tag: luxury cosmetics prices
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Prices of some luxury cosmetics are dropping
Kiehl’s is a 161-year old pharmacy that carries luxury beauty products. Globally it has stores from Australia to the U.S. and countries in between. L’Oreal bought the affordable U.S. luxury brand in 2000. Facing the worldwide economic downturn, Kiehl’s recently cut prices of beauty creams by about 20 percent in 21 markets especially in the…