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Make-up, etc. are feel good products that even sell during bad times. True, maybe the purchases may not be as large in value, but the products still move over the counter.
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Despite being the world leader, they still room for large growth in existing markets and under penetrated emerging markets.
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Aging, vain baby boomers who can't afford to look old because they must stay in the job market.
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always coming out with new products.
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