Luxury perfume brands fear that EU about to introduce measures that they say could cripple US$25B global industry in name of protecting consumers against allergies
December 17, 2012
(Industry Intelligence Inc.)
– Luxury perfume brands are fearing that the European Union is about to introduce measures that they say could cripple the US$25 billion global industry in the name of protecting consumers against allergies, Thomson Reuters reported Dec. 16.
Brand officials fear that the new laws could severely curb or ban natural ingredients used in vintage best-sellers and put some perfume makers out of business.
The primary source of this article is Thomson Reuters, London, England, on Dec. 16, 2012.