EASTERN EUROPE COSMETICS SALES STILL SLUGGISH – WITH SALES TRENDS STARTING TO MIRROR WESTERN EUROPE
January 1st, 2014
THE COUNTRIES of eastern and central Europe that came in from the cold in 1989 with the fall of the Berlin Wall have felt the economic chill in recent years, with recession affecting the fortunes of the cosmetics industry.Across a wide range of countries – for instance - Bulgaria, the Czech Republic, Romania, Hungary and Slovakia - the retail value of the beauty and personal care products market has remained at around Euro EUR10.70 billion in both 2012 and (according to provisional data for these five countries by market analysts Euromonitor ...
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