People & Business :: Companies
Suppliers Day 2013: Optimistic outlook amid shifting consumer preferences
10:56 AM MDT | May 20, 2013 | Vincent Valk in Edison, NJ
Personal-care chemical manufacturers are optimistic about the industry’s outlook despite weakness in Western Europe, attendees at New York Society of Cosmetic Chemists’ Suppliers Day, held last week at Edison, NJ, said. Buoyed by an improving economy, consumer spending, and growth in emerging markets, attendees described the show’s mood as positive. Some companies, however, are feeling the effects of trading down among consumers, leading to lower demand for premium products, particularly in still-struggling European economies. Trading...
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