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Agenda-setting intelligence, analysis and advice for the global fashion community.

What’s Fuelling (and Threatening) Luxury Skincare’s Growth

Once considered one of luxury’s most resilient categories, top-priced skincare is on shaky ground as it faces slowing sales in key Asian markets and rising demand for medical aesthetics.
Luxury skincare brands.
Luxury skincare brands are facing slowing sales in Asian markets, amongst other woes. (BoF Team)

Ultraluxe skincare brands are beginning to feel the slip of the

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Further Reading

The End of the Lipstick Index

After years of double-digit growth and a perception of being impervious to wider economic downturns, the beauty industry is finding that cash-strapped customers aren’t interested in “little luxuries.”

How to Scale a Premium Skincare Brand

Beauty retailers excel at creating interactive, playful shopping experiences, but science-backed, pricey skincare brands looking to find growth must think outside the box.

About the author
Simone Stern Carbone
Simone Stern Carbone

Simone Stern Carbone is Luxury Correspondent at the Business of Fashion. She is based in Zurich and Paris and covers fashion and beauty, with a focus on the dynamic luxury sector.

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