Beauty Beat: Beauty Sales in Italy to Rise 2.5%… Estee Lauder Sued by Nefeli..

MILAN — Unipro, the association for Italian cosmetics industries, has released preliminary sales results for 2007 and recapped the history of the Italian beauty industry during the 40 years since the association was founded.

Italy’s beauty industry is on track to close this year with combined sales of 8.9 billion euros, or $13.06 billion at current exchange, a 2.5 percent increase from 2006. This year’s figure is a long stretch from the industry’s turnover in 1967, the year Unipro was founded, when sales were the equivalent of 110 million euros.