Beauty and personal care still showed double digit value growth in 2010, driven by economic growth, greater focus on innovative ingredients to create interest, and sustained advertising campaigns through the year. The shift to smaller cities of booming knowledge-based industries, like business process outsourcing (BPO), which typically employ well-paid young people, put more money into the hands of consumers, who have no guilt regarding conspicuous consumption.
Aug 2011
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$2,400|
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