
So here it comes: an impending recession. As Kevin LaBuz (Head of IR and Corporate Development at 1stDibs) put it in this LinkedIn article, “things are getting chillier,” and companies across industries are pulling back on hiring as they begin to brace for the downturn.
Beauty brands have proven their resilience through the pandemic – but I’ve said all along that not everyone will make it through. Now cosmetics companies are facing the fallout as living costs soar worldwide. So I asked beauty founders and CEOs what they’re doing to prepare for tougher times.