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September 1, 2011
By: TOM BRANNA
Editor
Global cosmetics sales rose 4.1% for the first half of 2011, according to estimates from L’Oréal. In comparison, L’Oréal’s sales for the period rose 4.9%. Although emerging markets are leading the way, Chairman Paul Agnon said that opportunities for growth remain in established markets. “We believe the global cosmetics market should continue to grow in the second half at a rate similar to the first half, and we also confirm our ambition to outperform the market and t...
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