Prestige Beauty Sales Lack Luster in France
PARIS — As the curtain rises on Paris Fashion Week, and models’ hair and makeup become key components in setting a show’s tenor, the French prestige beauty market lacks luster, posting negative sales growth in perfumeries and department stores.
The segment’s revenues generated in such channels, including brick-and-mortar and online platforms, minus sales rung up from exclusive and private-label brands, declined 2 percent to 2.99 billion euros in 2018, according to The NPD Group.
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