Market Report, "Colour Cosmetics in Spain", Published
In 2012, current value sales of colour cosmetics in Spain declined by 2%, to reach EUR690 million. Colour cosmetics also suffered from the economic recession and its more challenging consequence: the unsustainable unemployment rate. It is true that, as in other European countries, colour cosmetics benefited from the so-called "lipstick effect"; however, this effect only benefited those products with really low unit prices such as nail products and lipstick.
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