Skincare industry booming despite downturn

Shopping malls in Malaysia have been enjoying a year-end boost to sales of skincare products, despite tough economic conditions. In a report published by The Star online, a Malaysian news site, two major department stores in the country have reported good growth for the days following Christmas, particularly for skincare products, fashion and accessories. Joyce Yap, chief executive officer (retail) of Pavilion KL, one of the department stores, said: “There doesn't seem to be any sign of a slowdown in the traffic of shoppers at our mall. It is even busier this year compared to last year.”Yap commented that such items were always popular at this time of year, and that many people bought them as Christmas presents. She said that watches and clocks were particularly popular with men this year. In an aside, Yap noted that women were buying clothes in more subdued colours compared to last year, while men were doing the exact opposite and investing in bright and colourful fashion items. “For some reason, colourful ties seem to be selling fast. A lot of men are also buying clothes in pastel colours, including pink,” she said.   She said that red was also popular as it was an appropriate colour for Christmas as well as the upcoming Chinese New Year.   Eunise Gan, manager of beauty salon Fur Elise Beauty, said: “Business is about the same [as last year]. We still have walk-in customers. Our regular customers also help us promote our services to others.”