It’s no doubt that the political landscape across various European markets is in a period of rapid change that’s causing more uncertainty across the region.
On 7th July 2024 the French political elections culminated in a surprise result – with the extreme left garnering more support than predicted – and it’s likely that France will now have a ‘hung Parliament.’
Over in the UK, the right-wing Conservative party has enjoyed power for over a decade, but there has now been an undoubted swing to the left.
Two of the UK’s official beauty industry organisations have given their views on how this change of political environment could impact the market for beauty and personal care companies based in, or selling into the UK market.
The future for beauty and personal care products in the UK
The UK industry body for beauty and personal care products, the Cosmetics Toiletries & Perfumery Association (CTPA), said it congratulated Sir Keir Starmer and the Labour Party on the “clear victory” and that it “looks forward to working with the new UK Government.”
Over the past…
