Consumers return to premium products after recession

Published: 9-Jan-2015

Shoppers do not buy in greater volume, but look for added value

You need to be a subscriber to read this article.
Click here to find out more.

The US economy and luxury beauty industry has faced a challenging time over the last decade, but a report published by IBISWorld in October, predicted revenue growth of 5% as 'disposable income levels continued to rise and consumers increasingly returned to purchasing higher value branded items.'

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.

You may also like