Market Report, "Fragrances in Belgium", Published
Most industry sources felt that the performance of fragrances in 2010 and 2011 represented a recovery after the poor performance seen in the middle of the review period. After 3% current value growth in 2010, 2011 saw similar steady growth. This was linked to more favourable economic conditions and thus a better consumer confidence index in comparison to 2009, at least during the first half of 2011. Spontaneous demand for premium fragrances was evident, even during a period of weak...
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