real-time news and commentary for investors
Tuesday, Sep 24
Brazil's beauty market in focus
- The beauty market in Brazil is a target of more global companies as a strong track record of double-digit growth has pushed sales to over $42B - the third highest tally in the world behind only the U.S. and Japan.
- Sellers in Brazil see men's products as the next boom for beauty, with the gender in the nation more willing to spend than in other places.
- Related stocks: L'Oreal (LRLCF.PK), Estee Lauder (EL), Procter & Gamble (PG), Avon Products (AVP), Revlon (REV).