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Personal Care Products Buck Declining Sales Trends
Posted: January 16, 2009
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Worst figures in 14 years
Almost all the other retail sectors suffered during the month and general figures state that December 2008 recorded the worst ever sales growth figures for retailers since the BRC started records 14 years ago. Sales fell 3.3% on a like-for-like basis, excluding spending in stores that opened and closed during the year, and 1.4% on a total basis, during the month.
Many analysts believe that the December retail sales figures are likely to set the pace for 2009, so reflecting on these results, the United States looks like it might be one of the safer places for the personal care industry to weather the current economic storm.
CosmeticsDesign.com, January 14, 2009