By  on February 15, 2008

PRESTIGE BEAUTY GROWS: The prestige beauty market in the U.S. reached $8.9 billion last year, up 2 percent compared with 2006, The NPD Group reported this week. Of the three main categories, only fragrance sales declined (by 1 percent), while sales of makeup and skin care each increased by 4 percent. Makeup was the biggest prestige beauty category last year, with 38 percent of the market on sales of $3.4 billion. Fragrance was second, with $2.94 billion in sales, and skin care rang up $2.5 billion. Face makeup drove the overall makeup category, with 46 percent of prestige makeup sales, while eye makeup accounted for 29 percent. In skin care, antiaging products drove growth, generating $1.2 billion. In fragrance, the men's and women's markets were both down 1 percent due to a flood of new launches and scores of brands on the market, NPD noted. The top five prestige scents last year were Acqua di Giò, a men's scent; Beautiful (Estée Lauder); Coco Mademoiselle; Chanel No.5, and Cashmere Mist (Donna Karan/Lauder).

PROCTER IN POLAND: Procter & Gamble is investing $50 million in a factory in Poland, which will manufacture Olay treatment products. Construction already has begun on the plant, which will be operational by the first half of next year, a P&G spokeswoman said on Thursday. Some 300 employees will be based at the factory located in Aleksandrów Lódzki, near Lodz, in central Poland. P&G has been present in the country since 1991 and has two other factories there, which produce Pampers diapers and Gillette razors.

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