SOUTH AMERICAN COSMETICS FIGHTING FALLING LOCAL CURRENCIES
August 1st, 2016
South America’s cosmetics and personal care sector is looking to bounce back from a slowdown caused by the region’s macroeconomic troubles, but political pressures and regional trade alliances are driving individual country markets down divergent paths.
Over the last year, countries across the region have been buffeted by economic turmoil that has had a knock-on impact on the cosmetics sector. Amid a range of concerns, one that has particularly affected the sector is widespread currency devaluations against the dollar.
“The value of consumption in the ...
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