4 Cosmetics Stocks Worth Watching Amid Industry Challenges
WALDWaldencast plc(WALD) ZACKS·2024-08-14 23:36

In the Zacks Cosmetics industry, companies are facing challenges from inflationary pressures, which have been compounded by a general decline in discretionary spending stemming from higher cost of living and elevated interest rates. These factors have impacted consumer demand across the sector. Nevertheless, initiatives aimed at enhancing digital capabilities and fostering innovation have proven beneficial for firms such as Coty Inc. (COTY) , Inter Parfums, Inc. (IPAR) , Waldencast plc (WALD) and Olaplex Ho ...