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Makeup sales surpass pre-pandemic 2019 levels; strengthening and restoration benefits are outpacing overall hair category growth.
November 15, 2022
By: Christine Esposito
Editor-in-Chief
Prestige beauty is riding high as the holiday season approaches. In the third quarter of 2022, US prestige beauty industry sales revenue reached $6 billion, a 15% increase versus Q3 last year, according to The NPD Group. “Unit sales and revenue are both growing by double digits for beauty products sold in the prestige market, indicating that consumers are indulging in beauty products this year,” said Larissa Jensen, beauty industry advisor, The NPD Group. “Fragrance sales will grow this holid...
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