Company News, Financial News

Prestige Skin Care Sees Growth

Multipurpose and specialized SKUs are big right now.

Skin care is still a burgeoning business, according to recent data from The NPD Group. Key facial skin care segments, large and small, experienced strong growth in the 12 months ending November 2014 (Dec’13-Nov’14), despite the fact that the overall market experienced a nearly 1 percent decline in dollar sales. “While age defying products continue to be important to facial skin care users, consumers today are also adopting a broader range of multipurpose and specialized skincare offerings...

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