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Beauty Giants Face Losses While Dermatology Thrives Online

2/26/2025

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Story summary
  • Global beauty giants are grappling with plummeting sales and layoffs as demand falters, especially in Asia. Coty and Estée Lauder have reported steep losses, while L’Oréal and Unilever brace for tough times. Yet, amidst the turmoil, the dermatology sector flourishes, with brands like CeraVe leading the charge as the industry pivots to online sales.