EASTERN EUROPE STAGNATES – BUT RUSSIA AND POLAND OFFER OPPORTUNITIES TO COSMETICS SECTOR
December 1st, 2012
BY MARK ROWE
TO describe recent times as difficult for the eastern European cosmetics industry would be something of an understatement. Since 2010, some countries have experienced dizzying declines in production and sales that indicated the industry was more or less in tune with the wider economic mood across the region. The picture in 2012 continued to be bleak, but there were some sources of hope in the region's largest two markets: Poland cosmetics market appears to be holding up, and Russia's August entry to the World Trade Organisation (WTO) may - in time - ...
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