Here is an article today on the Reuters site about even tighter ingredient restrictions being discussed in the EU. It is quite depressing. This won’t have immediate impact on small indies in the USA (as long as they don’t want to sell in the EU), but I wonder where all this is going for the industry. Honestly, the long-term outlook for the industry is just not looking good to me. People are so afraid of lawsuits and skin reactions that zero risk is becoming the rule of the day, and the only way to accomplish zero risk is zero fragrance. I am amazed that we have so many new indies entering the market given the current trends in regulation and anti-fragrance sentiment. It does not seem like a good time to invest in a new venture in fragrance, yet we have a flood of new brands. It is not making sense to me.