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Jan 31, 2013 | 02:09 PM CST
GBI Research predicts a booming cosmeceutical markets in the U.S., the U.K., France, Germany, Italy, Spain and Japan will reach a combined $42.4 billion by 2018.
Jan 31, 2013 | 01:59 PM CST
The prestige-oriented company recorded revenue of €28.1 billion in 2012, an increase of 19% compared to 2011, and organic revenue growth was 9%.
Jan 31, 2013 | 01:51 PM CST
After reporting a sales decrease of 1.2% for the three-quarter period ending December 31, 2012, Shiseido announced it is reorganizing parts of its business, including shutting down a factory in Kamakura and a research center in Kanazawahakkei.
Jan 30, 2013 | 10:24 AM CST
Although Europe continues to be the largest market for men's grooming products, research from Kline and Company shows increasing use of beauty products by men in Japan and South Korea and an overall increase in grooming and personal care products by Indian and Chinese men is helping this market to surge.
Jan 30, 2013 | 10:13 AM CST
A new report from Mintel finds women in households with children are more likely to use most nail care products than those without children in their homes, and use of colored nail polish is highest among women aged 18–24 with 85% reporting usage.
Jan 29, 2013 | 10:27 AM CST
Revenue growth was achieved in the U.K., Poland, Indonesia and in the smaller markets of Kenya, Ghana, Thailand and the Middle East for the company.
Jan 29, 2013 | 10:17 AM CST
For the nine months ended December 31, 2012, L’Occitane recorded net sales of €801.3 million, pushed by growth in emerging markets Russia and China as well as the U.S.
Jan 25, 2013 | 10:52 AM CST
The NPD Group's Karen Grant noted, "growth remains positive for both the prestige and mass channels." However, "The trend of prestige beauty outpacing mass beauty continues to be evident since the recessionary period of 2009 and will likely continue into 2013."
Jan 25, 2013 | 10:47 AM CST
Consequently, the company is raising its guidance for 2013.
Jan 25, 2013 | 10:42 AM CST
According to an analyst insight article focused on the U.K., cautious consumer spending has created a challenge for prestige beauty that offers two choices: either create offerings at lower prices or increase perceived value for money and therefore prices. In skin care, the latter option appears to be working.