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Industry News
U.S. Prestige Beauty on the Upswing, Reports NPD
According to NPD, a global information company, the total U.S. prestige beauty* industry showed an increase of 7% in dollar sales in 2012 vs. 2011.
“Coming off the wave of 2011, one of the most robust sales periods in over a decade for the beauty industry, 2012 has shown some great highs, along with some modest lows,” says Karen Grant, vice president and senior global industry analyst, The NPD Group.
All of the U.S. prestige beauty categories posted healthy growth. Prestige skin care sold in U.S. department stores generated the largest growth at 10%, followed by makeup at 7% and fragrance at 5%, compared to 2011.
“Even though consumer confidence continues to waver, there is momentum at both ends of the price and product spectrum. In 2012, along with smaller categories in beauty, we are seeing investment spending on premium-priced makeup, skin care, fragrance, as well as premium-priced sets, which lead in growth once again. Even in Europe, where the economic environment is more challenging, the major premium-priced category, fragrance, was positive. Premium-priced products remain one of the brightest spots in beauty and will continue to carve out market share across all categories and geographies in the New Year,” says Grant.
“In the U.S., although we have seen some tempering in sales performance, compared to 2011, growth remains positive for both the prestige and mass channels. The trend of prestige beauty outpacing mass beauty continues to be evident since the recessionary period of 2009 and will likely continue into 2013,” ended Grant.
FSA News
FSA Announces New Advisory
Board Members
In an exciting move that will add fresh perspective and new leadership, the FSA is very pleased to announce the addition of three new Industry Experts to the Advisory Board:
Brooke Lowrance, Operations Director at WTS International, has over 10 years of experience within the hospitality industry and encompasses a well-rounded approach holding various roles including VP, Member Services, Director of Sales and Marketing, and Operations Director.
Brooke manages a portfolio of spas with revenues in excess of more than $15M. In her capacity, Brooke is responsible for directing marketing, customer service, staffing, and operations for the account portfolio with partners of well-known brand names including Peabody, Wyndham, Sheraton, and Loews hotels.
Alena Stavnjak, Director of Spa and Retail at The Ritz-Carlton, Fort Lauderdale, comes with extensive domestic and international knowledge with luxury brands and the latest trends in spa, health and wellness industries. Alena started her spa career with The Ritz-Carlton Hotel Company in 2003 and has worked at several Spa locations including the company's Key Biscayne, South Beach, Sarasota, Tyson's Corner, and St. Thomas, USVI properties. In 2010 Alena lived and opened 20,000 sq ft state-of-the-art ESPA at The Istanbul EDITION spa as their Executive Spa Director.
Osa Mallo, Spa Director at the Mandarin Oriental, Miami, has more than two decades of experience in the Hospitality field, 17 of which have been dedicated to Spa and Wellness and has worked in both Europe and the United States. As Spa Director at Mandarin Oriental, Miami, Ms. Mallo and her team of 50 colleagues and therapists take pride in providing exemplary service in a luxury setting. Under her leadership, the Spa at Mandarin Oriental, Miami has received the coveted Forbes 5 Star award for 5 consecutive years, the highest honor in the industry.
We look forward to their valuable input and expertise!
Members in the News
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It's a new year for the FSA, and with it comes some exciting new changes! Suzanne Holbrook has accepted the role of new FSA President. As Director of Spa Operations for the Americas Continental Lodging team, which encompasses The Ritz-Carlton, JW Marriott, Renaissance, Marriott & Gaylord spas, Suzanne brings a host of experience and industry leadership into her new role.
"I feel both honored and excited to be taking on this new role in an organization that gives so much to our industry. For the past several years the FSA has served as a platform for networking, business development, industry education and so much more. Taking that into consideration I knew this would be wonderful opportunity to get involved at the ground level and make a difference. Together with the Advisory Board, I look forward to taking the FSA to new heights!"
With more than 30 years experience in the industry, Suzanne is widely credited for her vision in moving forward The Ritz Carlton spa brand, producing outstanding financial results. As executive spa director for The Ritz-Carlton Spa in Orlando, she increased revenues by $2M in two years. At The Ritz-Carlton Reynolds Plantation Spa she orchestrated the first partnership with Medical Spa, creating the company’s first holistic and medical treatment spa.
Be sure to stay connected to the FSA for the latest in the spa industry!
Welcome Suzanne - New FSA President!