The 25,000 beauty professionals at this mega makeup meet will have to slap on a brave face. Though the cosmetics sector stayed pert in previous recessions -- lipstick sales rose 11% just after 9/11 -- this slump is having an ugly effect on the $45 billion industry. According to NPD Group, a market-research firm, makeup-sector sales slid 7% in the first three months of 2009; eye shadow sagged by 9% and lip liner drooped 15%. Plain Janes, your time has come. -- TB
Sun, July 19
Make Up
Cosmoprof
Las Vegas
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Related Stories: | Topics:Innovation, Technology, Leadership, Design, Magazine, FC Calendar, beauty, makeup, NPD, lipstick, eye shadow, las vegas, The NPD Group Inc., Culture and Lifestyle, Fashion and Style, Beauty and Hair Care, Cosmetics |
Recent Comments | 2 Total
July 19, 2009 at 12:23pm by oren mac
$45 billion industry? Amazing numbers....
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