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US Prestige Beauty Sales Rise 7% in 2012

But a slow holiday season has observers questioning 2013.

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By: TOM BRANNA

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First, of course, the good news. US prestige beauty sales rose 7% last year to $10.2 billion, compared to the prior year, according to data from The NPD Group Inc., which held its off-the-record Hot Off the Press industry briefing, hosted by Cosmetic Executive Women Inc., at the Harmonie Club last night. More specifically, skin care sales jumped 10%, makeup sales improved 7% and fragrance sales rose 5%. Meanwhile, beauty sales in food, drug and mass markets increased 3% to $21.2 billion,...

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