Latest Entries

Natural Brands Fuel Prestige Skin-care Category Growth

Natural is still proving to be a powerful force in beauty.
Consumer demand for natural beauty products is stronger than ever, and it is most prevalent in the skin-care category, where third-quarter sales were up 15 percent from 2017, according to The NPD Group. Natural brands accounted for 25 percent of skin-care sales, and natural brands comprise the fastest-growing segment in skin care, up 24 percent year-over-year.
There have been ripple effects for adjacent subcategories, such as vegan and cruelty-free, which do not necessarily indicate that a product is natural, but are commonly assumed as such by consumers. Sales of vegan brands were up 65 percent in the third quarter, and cruelty-free brands jumped 27 percent.
“Somewhere along the way, we reached a point where consumers believe that natural is better,” said Larissa Jensen, beauty industry analyst at NPD, in a presentation preceding a CEW panel discussion, “What Is the New Natural?” held at the Harmonie Club in New York on Nov. 1.
The evening’s panelists — Annie Jackson, cofounder of Credo Beauty; Tata Harper, founder of Tata Harper Skincare; Jill Scalamandre, president of Bare Minerals, Buxom, global development for Shiseido Makeup and chairwoman, CEW, and Lev Glazman, cofounder, president and head of research

Follow WWD on Twitter or become a fan on Facebook.

Read More…

Via:: https://wwd.com/beauty-industry-news/beauty-features/natural-brands-prestige-skin-care-growth-1202897309/