The numbers, as they are saying, never lie.
Compare beauty business stats of 20 years ago to the stats of today, and an image of a really dynamic — and equally resilient —global industry emerges.
In 2001, the primary yr of Beauty Inc (then “WWD Beauty Biz,” prestige beauty sales totaled $7 billion within the U.S., per numbers from the NPD Group. In today’s terms, that’s lower than 1 / 4 of L’Oréal’s global beauty sales in 2020, the number-one beauty manufacturers then and now.
Category-by-category, makeup and skincare sales have almost tripled within the U.S, and the retail scene can be very different. Globally, the rise of China has had a transformational impact on the industry.
The WWD Beauty Inc Top 100...
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