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Prestige Beauty Posts Gains in Q3

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By: TOM BRANNA

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Mark down another great quarter for  prestige beauty. According to The NPD Group, sales of US prestige beauty products in Q3 2016 were $3.5 billion, a healthy 8% increase from a year ago. Total face makeup grew 14% during Q3, inching ahead of all other makeup categories (eye, lip and nail). Specifically, eyebrow makeup was hot; it continued to see double-digit growth, with sales increasing 37%. Lip color sales grew by 21%. The nail category continued to experience declines, however, with sa...

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