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Designer Perfume Profits Give Off Whiff of Decay

Expensive luxury fragrances wooing less and less consumers

By Dustin Lushing,  Newser Staff

Posted Dec 24, 2007 6:41 PM CST

(Newser) – Perfume makers keep flooding the market with designer brands, but consumers appear to have had their fill. Global revenue from high-end perfumes—those $100 and up—increased only 3% to $18 billion in 2006 and is expected to slow even more this year, reports the...   Read full story »

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