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Sales down from same quarter a year ago.
May 8, 2014
By: Christine Esposito
Editor-in-Chief
In the first quarter of 2014, sales of US prestige beauty products hit $2.5 billion, a 4% decline from Q1 2013, according to The NPD Group. While still down from last year, makeup outperformed the overall industry, with $1 billion in sales in January through March 2014, a 3% decline from the first quarter of 2013. This performance was boosted in certain segments – primarily by growth in lip color, eye brow, and other face makeup like primers, said NPD. Bright spots within the US prestige...
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