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Prestige Beauty Sales Rise 7% in Third Quarter

Beauty products bring in $4.1 billion, according to new report.

Consumers are still craving high-end makeup, skin care and fragrance. In the third quarter of 2018, sales of US prestige beauty products rose 7% to $4.1 billion, according to The NPD Group.   “The big story for the third quarter is the acceleration in skincare, which is growing more than twice the rate of fragrance and 15 times faster than the rate of makeup. We continue to see natural brands and entry price categories fuel the skincare category, but the big shift this year is the renewed inte...

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