The global luxury goods market will shrink dramatically in the face of the ongoing coronavirus (COVID-19) crisis, with significant downgrades expected in Switzerland, Germany, Italy and France, says Euromonitor International.
AlpVision says it has launched a new technology on the market aimed
at tackling the problem of counterfeited cosmetics and fragrances.
A particular challenge for luxury cosmetics makers, counterfeiting
is estimated to cost the industry...