Cosmetic industry finds a new market online

Global Business

The beauty industry is big business. U.S. sales for high-end fragrances, makeup and skin-care products rose two percent last year to 11 billion dollars. And this industry’s approach to the so-called millennial consumer may be the reason of its success. CCTV’s Karina Huber filed this report.

Cosmetic industry finds a new market online

Cosmetic industry finds a new market online

The beauty industry is big business. U.S. sales for high-end fragrances, makeup and skin-care products rose two percent last year to 11 billion dollars. And this industry's approach to the so-called millennial consumer may be the reason of its success. CCTV's Karina Huber filed this report.

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Trends in the perfume industry

American consumers smell better than ever-sometimes without even knowing it. But the perfume industry is losing market share to some non-traditional competitors. CCTV America’s Rachelle Akuffo filed this story from Chevy Chase, Maryland.

Follow Rachelle Akuffo on Twitter @RachelleAkuffo

Trends in the perfume industry

Trends in the perfume industry

American consumers smell better than ever-sometimes without even knowing it. But the perfume industry is losing market share to some non-traditional competitors. CCTV America's Rachelle Akuffo filed this story from Chevy Chase, Maryland.

For more information:

  • Mass-produced perfume brands have seen sales drop by half since the year 2000.While premium brands were hit hard during the 2008 recession, those brands are now enjoying the sweet smell of success-hitting a record-high $5.2 billion in sales last year.

Sarah Jindal on the cosmetics industry
For more on the cosmetics industry, CCTV’s Aseih Namdar spoke to Sarah Jindal, she’s a Senior Innovation and Insights Analyst with Beauty & Personal Care, Mintel.

Sarah Jindal on the cosmetics industry

Sarah Jindal on the cosmetics industry

For more on the cosmetics industry, CCTV's Aseih Namdar spoke to Sarah Jindal, she's a Senior Innovation and Insights Analyst with Beauty & Personal Care, Mintel.