LUX BODY CARE: The LUX brand will shut down its retail stores and online store in October
By MARY KANE | The Associated Press | October 18, 2018 07:15:30By MATTHEW MCDERMOTTThe Lux brand will close its retail shops and online site in October, a company spokesperson said Wednesday, the latest move by a global luxury brand to pull out of the U.S. in response to a growing backlash against the cosmetics industry.
The LUX brands U.K. and France were among the brands that announced their planned exits from the U.
“We are deeply disappointed by the backlash against our brands, and the hurtful effect that it has on our customers,” said Marc Côté, LUX’s president.
“Our business will continue to thrive in countries where we have a strong and healthy relationship, but we cannot continue to operate in a world where brands have become the target of hate and intolerance.”
Lux cosmetics maker Lux, founded in 1976 by Jean Paul Gaultier and Georges Pompidou, was a longtime supporter of President Donald Trump and has faced a series of lawsuits from the left and the right over its policies.
The company was the target this year of a federal investigation into its hiring practices.
The company, based in New York, had $2.5 billion in annual revenue in 2018, up from $1.8 billion in 2017, according to data from Euromonitor International.
