The Ugly, Lovely Effects of the Coronavirus Crisis on Beauty Businesses
Presently, serial entrepreneur Blake says sales are down 50 to 70 percent, a shift many women beauty business owners reported. Valeria Cole, founder of Portland, Oregon skincare product maker Teadora Beauty, says that overall, the volume of orders has fallen between 30 to 50 percent, depending on the product in question.
In addition, Cole’s firm had launched a partnership with Bergdorf Goodman just before the crisis took hold in the United States, she says. With those stores’ physical locations closed, she is not seeing any profit from that. She has incurred numerous related costs, too — for example, some of her products are stuck in Italy, where they’re produced, and she must pay financing charges to house them without revenue to offset it.
Related Articles
It's a Glam Thing
This April, a fantastic new product line called Teadora,...
Salon Fanatic
Experience the magic (and great smells) of the rainforest with...
American Spa
Company: Teadora Product: The Rainforest at Dusk line of organic...
Happi Magazine
Teadora in Portuguese means "Adores You", and this new personal...
Comments (0)
Back to Press