Law360, New York ( April 8, 2015, 10:57 AM EDT) -- Cosmetics are a large, competitive and growing area of the U.S. economy. Sales of cosmetics continue to increase year over year. In 2002, the U.S. cosmetics industry generated over $40 billion in revenue. In 2014, that figure rose to about $60 billion.[1] Major U.S. cosmetics companies include Sally Beauty Holdings Inc., Ulta Salon, Cosmetics & Fragrance Inc., Sephora USA Inc., L Brands Inc. (Bath & Body Works, Victoria's Secret) and L'Oreal SA (The Body Shop International)....
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