Prestige skin care sales up; anti-age captures bulk of facial skin care market
PORT WASHINGTON, N.Y. Sales of prestige skin care products gained some steam during the first half of 2010, with anti-age capturing the lion’s share of the facial skin care market, according to market research firm the NPD Group.
Prestige skin care dollar sales rose 7% in the first half of the year compared with the first half of 2009. All segments posted positive dollar growth in the first half (January to June) of 2010, except for the body segment, which slipped 5%.
The biggest skin care category winner was sets and kits, up 17% in dollar sales. The face category came in second with an increase of 7% in dollar sales. Sun and hair experienced dollar sales increases of 5% and 3%, respectively.
It likely comes as no surprise that anti-age captured the bulk of the facial skin care market at 61%. In the face category, anti-aging outperformed the overall segment performance, up 9%, compared with the first half of 2009. Of anti-aging dollars, the majority was spent on facial moisturizer (44% dollar share). Age specialists were the second-largest segment at 25% share, followed by eye products at 19% share.
“The results so far this year are quite encouraging, especially when we see that total skin care has not just surpassed the results of the recessionary year 2009, but has almost surpassed the pre-recession year of 2008,” stated Karen Grant, VP and global industry analyst for NPD. “New launches (excluding gift sets) are up almost $20 million more than first half 2008, and specialized facial treatment products are up almost 60% compared with 2008. These achievements are signs that 2010 will be the year of prestige skin care.”
Report: Lady Gaga to develop namesake fragrance with Coty
NEW YORK Lady Gaga’s meat dress, which she wore at the 2010 MTV Video Music Awards, still may be causing a stir, but there’s another Gaga-related buzz hitting the newswires: her fragrance deal with Coty.
Coty has not yet issued a formal announcement detailing the specifics of the launch, but the company did state in a comment sent to Drug Store News: "Coty is excited to be partnering with Lady Gaga to develop her first-ever signature fragrance. We will be unveiling additional information regarding our dynamic partnership at a later date."
According to published reports, the fragrance will launch during spring 2012 and will be released under Gaga’s name.
During Sunday’s awards event, Gaga won eight awards.
Physicians Formula challenges beauty mavens to show off their skills
AZUSA, Calif. Cosmetics brand Physicians Formula has kicked off a makeup challenge whereby beauty mavens have a chance to win $5,000 and other prizes.
To participate, video bloggers demonstrate how to create makeup looks using Physician Formula cosmetics and upload their video to MyPFBeauty.com. The video is then available for viewing and voting. The contest ends Sept. 30.
The contest features a grand prize of $5,000, a trip for two to Los Angeles and a one-on-one tutorial with celebrity makeup artist Joanna Schlip. There also are two prizes awarded to random participants each week, including Ray-Ban sunglasses and Milly earrings.