Beauty Market Defies Recession In “Year Of Premium Beauty”
This article was originally published in The Rose Sheet
Executive Summary
Scientific innovation that is “pushing the boundaries” helped drive premium beauty sales to $93 billion globally in 2011, nearly matching figures from pre-recession 2007, Euromonitor’s Irina Barbalova reports at the in-cosmetics conference in Barcelona. Meanwhile, in mass, multifunctional products are blurring category lines.
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