Due to increasing investment from major direct sales companies, cosmetics and toiletries sales in Latin America have increased within the past year, with the region’s total market value rising 5.4% to $18.7 billion. However, regional growth in 2003 was not enough to prevent local economic difficulties leading to a decline in sales over the 1997-2003 period on whole, according to Euromonitor. The 5.4% increase of value sales, however, is a large improvement over the steep fall of 10.9% in ...