Growth slowdown? “What’s that,” ask colour cosmetics players. With big brands like Lakme and L’Oreal clocking double-digit growth rates, the colour cosmetics category has bucked the slowdown. In India, while consumers are said to be delaying big ticket purchases like an automobile or a consumer durable, they find disposable income for small indulgences like a lipstick.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2LeIyFN
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