New Market Report: Fragrances in Hungary
Fragrances continued to suffer from the negative effects of the economic downturn in 2012. Although volume sales marginally increased, consumers still did not have enough money to buy significantly more products. Fragrances, especially premium fragrances, are fairly expensive for average Hungarians; nevertheless many people would like to follow fashion and use famous branded products. Illegal fragrance producers continued to gain from this trend in 2012 offering counterfeit branded products at...
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