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

The State of Fashion: Beauty Report — Solving the Growth Puzzle

Beauty’s era of effortless growth is giving way to a more complex landscape. Download the second volume of BoF and McKinsey & Company’s industry report to learn how to navigate evolving consumer expectations, market deceleration and regional volatility in the years ahead.
The State of Fashion: Beauty cover
Illustration by Petra Kneile for BoF.
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Once the darling of the consumer goods market, the $441 billion global beauty industry is showing signs of cooling.

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