IN THE RED

摘要

Last year for the first time in six years, the seemingly unshakable Italian C&T market began to crack in 2012. Widespread economic pressures finally took a toll on the Italian beauty industry in 2012, and as a result, consumers' wallets were drawn even tighter. Official trade body Unipro revealed that the market value dropped by 1.8% to ?9.63bn. To add salt to the wound, every single category and major retail channel registered a decline in value, aside from facial make-up and direct sales respectively.