For 2014, the opportunities lie in the flawless and the ‘now’, says Karen Grant, Vice President and Global Beauty Industry Analyst at NPD.
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For years, beauty has operated under established premises and
assumptions: traditional brands reign as kings and queens, fragrance is
the undisputed ruler of holidays and products targeted for ageing
boomers are the only real driver of growth in skin care. Today,
however, while the fundamentals of beauty and its appeal to consumers
remain, much has changed. As 2014 begins, the opportunities ahead lie
in the opposites, the flawless and the ‘now’.
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