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As extravagance brands continue to shift from registration models to in- residence ownership, they are focusing on attractiveness. The industry’s highest margins in this category does help rearrange and improve a brand’s reputation. Yet, bringing a charm business in- house is not without problems.
It can be challenging to craft a strong brand message across all stations, for instance, if a fashion and beauty staff does not collaborate properly. Secondly, beauty is a very aggressive and crowded sector, making it challenging to establish a dedicated consumer base. However, when done properly, it can be a effective device for leisure brands to develop. Puig is an example of a organization that efficiently merged a fashion and beauty division and experienced important expansion.
