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Fragrance and personal care

Luxury cosmetics sales worldwide to clock $55.6B this year: report

August 29, 2019

The design of the Dior Rouge Ultra Care Liquid 999 Bloom applicator lies behind its micro-flocked petal shape, which provides a soft sensation and precise application. It also delivers exactly the right amount of color. Image credit: Christian Dior The design of the Dior Rouge Ultra Care Liquid 999 Bloom applicator lies behind its micro-flocked petal shape, which provides a soft sensation and precise application. It also delivers exactly the right amount of color. Image credit: Christian Dior

 

By Staff reports

A new report claims that the global luxury cosmetics market will reach $81.24 billion, posting a 5.6 percent compounded annual growth rate.

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  1. Louis Vuitton introduces Visionary Journeys Seoul
  2. Kering to acquire jewelry manufacturer Raselli Franco Group
  3. Ennismore picks Bangkok site for first-in-region SLS Residences
  4. Savannah College of Art and Design debuts SCAD LUXE research center
  5. Exclusive Resorts purchases Inspirato for $59M
  6. Luxury Unfiltered: Why the best luxury experiences look exactly like the worst ones (on paper)
  7. Lamborghini heads to French Alps for women-led driving series
  8. Dolce & Gabbana debuts Devotion fragrance film
  9. Laura Burdese to succeed Bulgari CEO
  10. Nordstrom ignites gifting spirit with ‘Oh, What Fun!’
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