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Beauty Sales Surge in US Prestige Channels

Sales jumped 11% to $9.5 billion in 2011, according to NPD Group.

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By: TOM BRANNA

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What a year it was. Total U.S. prestige beauty sales rose 11% to $9.5 billion last year, according to a new study by The NPD Group, Inc., the Port Washington, NY market research company. In addition, the outstanding dollar results were achieved with all beauty categories surpassing pre-recession levels. “In the 15 years that NPD has been tracking the prestige beauty industry, we have never seen growth like this – especially across all categories,” said Karen Grant, vice president and senior glo...

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