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Sales Surge in Brazilian Beauty Market

Annual sales should top $12 billion.

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By: TOM BRANNA

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Brazil’s cosmetics industry grew 18% from January to June, the Brazilian Toiletry, Perfumery and Cosmetic Association, or Abihpec, announced yesterday. According to the Association, sales are on pace to top $12 billion this year. That’s an increase of nearly 20% over 2008 results, in local currency....

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