Luxury brands bet on $160 lipsticks and $1,400 accessories to combat industry slump

The diversification to attract new customers comes as the luxury sector grapples with an industry-wide slowdown, U.S. tariffs, and wider cost pressures.

Sep 11, 2025 6

Luxury brands bet on $160 lipsticks and $1,400 accessories to combat industry slump
The diversification to attract new customers comes as the luxury sector grapples with an industry-wide slowdown, U.S. tariffs, and wider cost pressures.
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