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March 5, 2014
By: TOM BRANNA
Editor
The US prestige beauty industry grew 5% in dollar sales in 2013, according to The NPD Group, Inc. in its first look at 2013 global year-end results for skin care, makeup and fragrance. Skin care and makeup each experienced healthy gains of 7%, while fragrance dollars remained flat, according to NPD. “Beauty is among a handful of industries showing growth in 2013,” said Karen Grant, vice president and senior global industry analyst, The NPD Group. “Consumers continue to struggle with lower incom...
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