NPD has reported that sales of prestige products in U.S. department stores for the month of August grew 8% to $662 million. Sales of fragrance, representing 23% of prestige beauty dollars, grew 5%. Skin care, representing 35% of prestige beauty sales, grew 10% and makeup, representing the lion’s share of prestige beauty sales at 42%, grew 8%. Year-to-date sales of prestige beauty grew 8% to $5.8 billion. Looking at the individual categories’ year-to-date dollar performances, skin care grew 11%, makeup ticked up 7% and fragrance posted 6% growth.
NPD: Prestige Beauty Sales Grow 8% in August
Sales of prestige beauty products in U.S. department stores have grown 8%, led by the growth of skin care.