SPANISH COSMETICS SECTOR PULLS PUT OF LONG RECESSION
June 1st, 2016
MIRRORING how Spain is crawling out of its long recession, the country’s personal care product market is recovering. UK-based market researchers Euromonitor released a report last month concluding: “After years of decline in value terms, beauty and personal care finally saw a positive performance in Spain in 2015.” It said that the strongest sales were seen in the fragrances and colour cosmetics segments. Multiple launches of fragrances boosted sales; and the increased popularity of colour cosmetics premium products increased revenues, said Euromonitor, ...
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