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Prestige Beauty Sales Were

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By: TOM BRANNA

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Sales in the $7.3 billion prestige beauty market were flat as a whole in 2002, but gains were recorded in makeup and skin care, according to The NPD Group, Port Washington, NY. Makeup sales increased 2.8% to $2.5 billion, largely driven by multipurpose products that cater to the modern and upwardly mobile woman. Skin care sales jumped 2.6% to $1.9 billion due to luxury and technologically advanced products. “Luxury products promise exclusive benefits through expert, innovative formulations usi...

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