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Dollar sales drop 3.3% for 2008 in new NPD report
January 27, 2009
By: TOM BRANNA
Editor
At its annual “Hot Off the Press” event today at the Rainbow Room in New York City, market research firm The NPD Group presented the global beauty industry’s first look at 2008 year-end results for skin care, makeup and fragrance. According to NPD, the total U.S. prestige beauty industry showed a decline of 3.3% in dollar sales in 2008 vs. 2007. Of all categories tracked by NPD in the U.S., fragrance experienced the biggest decline. “Conversely, fragrance may hold the greatest opportunity f...
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