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March 3, 2009
By: TOM BRANNA
Editor
Fragrance Takes a Hit as Prestige Beauty Sales Fall According to the NPD Group, the total U.S. prestige beauty industry showed a decline of 3.3% in dollar sales in 2008 vs. 2007. The findings were released by the Port Washington, NY-based market research company at its Hot off the Press event at the Rainbow Room in New York City. Of all the categories tracked by NPD in the U.S., fragrance experienced the biggest decline. Still, senior global industry analyst and vice president, beauty, Kar...
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