Company News, Financial News

Prestige Beauty Sales Up 4%

NPD finds sales to be $3.5 billion.

The US prestige beauty industry grew 4% to $3.5 billion In the fourth quarter of 2013, according to recent data from The NPD Group. The average selling price of each category increased compared to Q4 2012, driven in part by growth in sales of premium-priced product offerings. “Last year closed on a positive note for the prestige beauty industry as a whole. Makeup and skincare continued to shine the brightest, and while holiday has traditionally been a fragrance dominated sales period, the gap ...

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