Women’s prestige fragrance sales generated 4 per cent less revenue in the first half of 2011 compared to the same period in 2008, while men’s prestige fragrance sales were down by 2 per cent on the same period comparison.
However, the year-on-year trend remains up compared to the first half of 2010, with sales of men’s prestige fragrances growing by 10 percent in the first half of 2011, while women’s prestige fragrances grew by 14 percent in the same period.
— Read more at ‘Rediscovery’ of prestige make-up pushes sales to pre-recession levels at Cosmetics Design.
I never claimed to really understand economics and maybe I just need more coffee but the above statement just made me go “huh?”. lol
Quick synopsis: makeup has recovered from the recession, fragrance is getting better but still hasn’t totally recovered.
Thanks!
Well why couldn’t they just say so?! Don’t they know people like me go into shock when they see figures?
Looks like we all need to get busy before the next Donatella quarterly accounting! 😉
LOL…I’m already doing my part!
Just in time for the double dip.