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Luxury cosmetics, fragrance push may be a reflection of unstable economy

August 26, 2011

Pretty in Chanel pink

 

Luxury brands and retailers including Chanel, Burberry, Harrods, Estee Lauder Co. and Oscar de la Renta have been aggressively pushing their cosmetics and fragrance lines as of late, which may be due to the state of the current economy.

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