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Niche products reign surpreme in cosmetics, juices; while skin care is down.
July 7, 2009
By: TOM BRANNA
Editor
While overall sales of prestige fragrances sold in U.S. department stores have declined, premium price fragrance sales are up significantly, according to a new report from The NPD Group, Inc., a market research company in Port Washington, NY. Premium fragrance products priced at $100 and above, represented approximately 9% of total fragrance juice sales in the first quarter of 2009, and generated a 10% increase to $26 million. Makeup products priced at the premium level ($50 and above) have a...
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