Accessories Amazon Asda Christmas Expansion & Franchise Fashion HR News High Street John Lewis London Marks & Spencer Media News Results Retail Retail and Consumer Industry Retail news Sainsbury's Store Tesco UK brand china consumer deal deals and rumours department department stores e-commerce electricals expansion fashion news food grocer group launch luxury morrisons my online online retail people profit property retail property retailer sale sales supermarket waitrose
The beauty sector is worth £15bn, according to study Wednesday, 29th February 2012
The beauty industry has never looked so good. According to a recent study, the industry is worth more than £15 billion to the economy and is keeping more than a million people in employment.
The study, conducted by Cosmetic Executive Women UK, cited the lengthened working hours for women across the country as well as an ageing population as reasons for the roaring trade.
President Caroline Neville said: “The ageing population offers a rich vein to be mined.
“The explosion of youth cultures and a rapidly expanding middle class in emerging markets offer new opportunities.
“The fast growing men’s market and the ageing process offer up all sorts of product possibilities.”