Cosmetics sales grew in 2014, but the Ukraine market is suffering, says Mark Rowe
While Eastern Europe’s cosmetics sector seems in general to be emerging from its post-recession doldrums, the conflict in Ukraine has begun to significantly impact that country’s cosmetics industry. Analysts warn that tit-for-tat sanctions with Russia and uncertainty over the annexed Crimea and the future of the contested east of the country is halting investment.
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