bloom is off the rose

phrase2

1. •
   The person, object, or situation identified in the context has lost its novelty, freshness, appeal, or acceptability.

   • The bloom is off the rose concerning the imperial CEO. Finally shareholders are becoming incensed by these reprehensible bonuses and severance packages. — 2007
2. •
   Business is not going well for a particular identified firm or industry, or the overall economy has taken a downturn.

   • "I would say that the bloom is off the rose a little bit, yes," said the senior vice president of video retailing for Lorimar Telepictures, Peter Temple, speaking of the home-shopping phenomenon. — 1987