NEWS WATCH: REPORT: COSMETICS, TOILETRIES GROW SLOWLY

LITTLE FALLS, N.J. -- After another year of disappointing sales, the cosmetics and toiletries industry is facing steadily dropping growth rates, according to data recently released by Kline & Co. The U.S. cosmetics and toiletries market grew by less than 2% in 2003, representing the third consecutive year of low single-digit growth for the market after it averaged roughly 5% annually through the late

LITTLE FALLS, N.J. -- After another year of disappointing sales, the cosmetics and toiletries industry is facing steadily dropping growth rates, according to data recently released by Kline & Co. The U.S. cosmetics and toiletries market grew by less than 2% in 2003, representing the third consecutive year of low single-digit growth for the market after it averaged roughly 5% annually through the late 1990s, the research company reported. "C&T companies have been finding it difficul

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