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US Prestige Beauty Rises in Q3

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By: TOM BRANNA

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 In the third quarter of 2018, sales of US prestige beauty products were $4.1 billion, a 7% increase over Q3 2017, according to new data released by The NPD Group, Inc., Port Washington, NY. And according to beauty industry analyst Larissa Jensen, skin care is the star. “The big story for the third quarter is the acceleration in skin care, 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 categ...

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