Financial News

Beauty Retail Sector To Expand this Year

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By: TOM BRANNA

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The economic recovery will be the most powerful driver for the beauty, cosmetics and fragrance store industry, according to recent data from IBISWorld. According to the research firm, major players such as L Brands, Sally Beauty Supply, Ulta and Sephora are fueling the marketplace. IBISWorld forecasts that consumer confidence will continue growing, prompting consumers to spend more money on discretionary goods, such as cosmetics. Consequently, from 2013 to 2018, industry revenue is forecast to ...

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