The game in beauty is changing so much if your product isn't high tech or can't make a unique performance claim - plump your lips reduce your lines look glossy and stay on for 24 hours - you can't go to market today. I'm not just talking about a $20 lipstick but a $5 lipstick!
When a management with a reputation for brilliance tackles a business with a reputation for bad economics it is the reputation of the business that remains intact.