FASHION®
FASHION®
FASHION®
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EDiTORiAL<br />
LET THE<br />
HOLIDAY SEASON ROCK<br />
So far . . . so good. With Black Friday behind us, it now looks like we have started down the road to, shall<br />
I say, a cautiously optimistic holiday season?<br />
It appears that there is a wide range of newness in the prestige fragrance arena to drive the heartiest of<br />
shoppers─with the mega celebrities driving that newness.<br />
This says to me that rising waters raise all boats. The soothsayers at this year’s Fragrance Foundation State of<br />
the Industry luncheon echoed this optimistic but cautious theme.<br />
It’s all about foot traffic, which in turn is about consumer confidence. If the last minute shopping that<br />
so defines our category rings true again this year, it is a splendid omen that this year’s stockings will be<br />
overflowing with good tidings.<br />
Fingers crossed and Happy Holidays to you and yours.<br />
George Ledes<br />
President and CEO<br />
DECEMBER 2011 / 8 / BEAUTY FASHION
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