Breaking News

Prestige Beauty Sales Surge

May 21, 2013

Q1 results up 12% says NPD.

Sales of prestige beauty products in US department stores surged 12% to $2.6 billion in the first quarter of 2013, according to The NPD Group.

“Gains in both skin care and makeup are happening in many areas, but smaller segments and sub-segments, as well as sets and kits, are making a large impact within both categories. Fragrance continues to be driven by premium offerings, including juices over $100,” said Karen Grant, vice president and global industry analyst, The NPD Group, Inc.

More specifically, fragrance sales (representing 21%t of prestige beauty dollars) rose 9%; skin care sales (38%) grew 14% and
makeup sales (41%) grew 13%.
             
More info: NPD Group, www.npd.com

Related End-User Markets:

blog comments powered by Disqus
  • Innovation On Display

    Melissa Meisel, Associate Editor||February 3, 2016
    P&G Beauty Digital Studio showcases new products for 2016

  • Burgeoning Beauty

    Burgeoning Beauty

    Melissa Meisel, Associate Editor||January 4, 2016
    A look at trailblazers for 2016 and beyond.

  • Testing for Sustainable Preservatives

    Adam P. Byrne, William Michael Hart-Cooper, Kaj Johnson, Larry H. Stanker, Dominic W. S. Wong, William J. Orts||January 4, 2016
    A rapid, inexpensive and qualitative protocol for determining microbial growth inhibition.