Based on the situations most anticipated by global executivesand present developments, we estimate global beauty-industry revenues could fall 20 to 30 percent in 2020. In the United States, if there’s a COVID-19 recurrence later within the 12 months, the decline could be as a lot as 35 p.c . Beauty may be in the eye of the beholder, however there’s little debate in relation to the long-term attractiveness of the global beauty business.
Beauty standards are rooted in cultural norms crafted by societies and media over centuries. Globally, it’s argued that the predominance of white ladies featured in films and promoting results in a Eurocentric idea of beauty, breeding cultures that assign inferiority to women of colour. Thus, societies and cultures across the globe wrestle to diminish the longstanding internalized racism. The black is gorgeous cultural movement sought to dispel this notion within the Sixties. These two positions are often …
