LONDON — Brexit fears and a slow-growing economy have done little to dampen the British consumers’ love of beauty products. In fact, those macro issues are very likely stoking passion for brow jobs, Botox, hair extensions and conditioning masks, not to mention premium color cosmetics and online beauty purchases.
In 2017, U.K. consumers spent 25.1 billion pounds on beauty products and services, according to a new report by Mintel Group and Cosmetic Executive Women, and that figure is set to rise by around 10 percent to 26.9 billion pounds by 2022.
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