Posted by Robin on 12 Comments
But the craze, while not on its way out, seems to be on its way down. The average celebrity fragrance brought in $2.6 million in sales last year, down from $8 million in 2005, according to NPD.
—From Celebrity Scents Fall Out of Style: So Over It at The Street, with thanks to Marsha for the link!
Posted by Robin on 29 Comments
Prestige fragrances in the U.S. posted the steepest loss in first half 2009, declining -10 percent in dollars versus first half 2008. Women’s and men’s prestige fragrances both posted 10 percent declines from a year ago.
— Read the whole thing at NPD Reports on First Half U.S. Beauty Retail Industry.
Posted by Robin on 29 Comments
According to The NPD Group, Inc., one of the leading market research companies, while overall sales of prestige fragrances sold in U.S. department stores have declined, premium price fragrance sales are up significantly.
Premium fragrance products priced at $100 and above, represented approximately nine percent of total fragrance juice sales in Q1 2009, and generated $26 million, a 10 percent increase from Q1 2008.
— From NPD Reports Premium Price Fragrance and Makeup Sales Thriving at The Financial.
Posted by Robin on 33 Comments
But these days, the sweet smell of success is proving elusive as customers walk away from fragrance counters empty-handed. While department store sales of beauty products fell 3 percent in dollars in 2008 — a drop credited to the recession — the decline was most profound in the fragrance industry, according to NPD Group, a market research firm.
— From The Hunt for That Genie in a Bottle at The New York Times.
Posted by Robin on 23 Comments
When broken down by category, makeup sales fell 3% to $3.2 billion, fragrance sales took the biggest hit, dropping 6% to $2.68 billion and sales of skincare products were flat at $2.4 billion.
The decline in fragrance sales dropped for both genders, down 5% in women’s and 8% in men’s fragrances, NPD found.
— From Beauty Category Struggles, Some Bright Spots, a synopsis of the latest beauty sector report from NPD Group, at Promo. Click over to see the top 5 selling fragrance brands (Acqua di Gio for Men is #1).