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Smaller segments like masks and facial exfoliators see biggest gains.
January 31, 2018
By: Christine Esposito
Editor-in-Chief
The US prestige beauty industry reached $17.7 billion in 2017, a 6% increase over 2016, according to global information company The NPD Group. The skin care category grew its sales by 9% and contributed 45% of the industry’s total gains; makeup followed with a 6 percent increase in sales, and fragrance closed the year up 4 percent. “Change was the theme of the beauty industry in 2017, from the shifts in trends and category performance, to the wave of mergers and acquisitions which show no si...
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