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The NPD Group Launches Retail Sales Tracking for Beauty in Germany

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The NPD Group Launches Retail Sales Tracking for Beauty in Germany

This service, set to launch in 2019, will collect point-of-sale data covering both e-commerce and brick-and-mortar sales

PR Newswire

PORT WASHINGTON, N.Y., Sept. 04, 2018 /PRNewswire-PRWeb/ -- Global information company, The NPD Group, today announced the launch of its Beauty Retail Tracking Service in Germany, a new point-of-sale (POS) service tracking sales of prestige beauty products, including fragrance, make-up, and skincare in Germany.

This service, set to launch in 2019, will collect point-of-sale data covering both e-commerce and brick-and-mortar sales, offering subscribing clients a clear and complete picture of the industry, and an ability to keep up to date on market trends. They will also be able to access in-depth views of sales volume and market share at the category, brand, attribute, and product level.

"We are excited to be adding Germany to the growing number of countries included in its Retail Tracking Service for the Beauty industry," said Martine Ringwald, Senior Vice President, Beauty Europe, The NPD Group. "This is a significant milestone in The NPD Group's partnership with the industry. We have always been at the forefront of the beauty industry. As such, we owe it to our clients to be present and track the countries that matter most to them."

Data reports and analysis from the Beauty Retail Tracking Service will allow clients and retailers to spot opportunities for growth and better understand market dynamics. By utilizing The NPD Group's timely information on what is selling and where, clients and retailers will be able to better identify opportunities and emerging trends that will give them an edge against competition, guide product development, sales and marketing campaigns, and more.

With the addition of Germany to The NPD Group's growing portfolio of Beauty industry services, the company is now able to deliver data and insights from eight key countries, including France, U.K., Italy, Spain, U.S., Canada, Mexico, and, of course, Germany.

About The NPD Group, Inc.
NPD is the leading global provider of market information and business solutions covering brick-and-mortar, e-commerce, and emerging channels in more than 20 industries. We combine our unique data assets with analytic solutions to help our clients measure performance, predict trends, and improve results, advising them to help drive successful growth. Practice areas include apparel, appliances, automotive, beauty, books, consumer electronics, e-commerce, entertainment, fashion accessories, food consumption, foodservice, footwear, home, juvenile products, mobile, office supplies, retail, sports, technology, toys, travel retail, games, and watches / jewelry. For more information, visit npd.com and npdgroupblog.com. Follow us on Twitter: @npdgroup

SOURCE NPD

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