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O Boticário Increases Budget

November 15, 2005

BRAZIL: O Boticário, with franchises in Brazil, Portugal, Japan, Angola, Mozambique and Mexico, will spend 13% more on marketing this year compared to 2003, to $18 million, company executives said.
“We increase investments (every year), and this year we have one of the highest readjustments,” said Elaine Pinheiro Simões, marketing director, O Boticário.
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