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Clarins Forecasts 30% Fragrance Revenue Growth in Brazil
By: Fernanda Bonifacio
Posted: August 25, 2009, from the August 2009 issue of GCI Magazine.
page 4 of 4
The Brazilian Association for Pharmacy and Drugstore Chains (ABRAFARMA) announced a 28.65% rise in drugstore and pharmacy beauty product sales in the first quarter of 2009—a value of $400 million, and accounting for approximately 27% of the $1.4 billion value of sales across channels. In the same period, medicine sales in drugstore and pharmacy channels grew 21.49%.
Fernanda Bonifacio is a Brazilian journalist who focuses on the beauty industry, and has been published in the U.S. and Europe. During 2002–2008, she represented ABIHPEC and its member companies globally.