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Annual sales should top $12 billion.
July 7, 2009
By: TOM BRANNA
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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