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Q1 results up 12% says NPD.
May 21, 2013
By: TOM BRANNA
Editor
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 spec...
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