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US, UK Consumers Put (Beauty) Money Where Their Mouths Are

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By: TOM BRANNA

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According to the NPD Group, Inc., sales of lip products grew in the US and UK between September 2012 and August 2013, while sales were soft elsewhere in Europe. Lip segments in the US prestige beauty industry posted an 11% gain, generating $665 million in the 12 months ending August 2013. In Europe, the UK gained 8%, generating £70 million in prestige lip sales. France held relatively flat during this time, and Italy and Spain experienced small declines. “In the US, lips are keeping in step wit...

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