![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
Lipstick & the economy
Sep. 26th, 2011 03:08 pmWhat Lipstick Tells Us About the Economy
Designer coats and crystal glasses can be hard sells in a tough economy. But lipstick is another story. At least that's the thinking behind the "lipstick index," termed by Leonard Lauder, chairman emeritus of cosmetics company Estée Lauder, in 2001 to explain the surge in lipstick sales during that recession.
Designer coats and crystal glasses can be hard sells in a tough economy. But lipstick is another story. At least that's the thinking behind the "lipstick index," termed by Leonard Lauder, chairman emeritus of cosmetics company Estée Lauder, in 2001 to explain the surge in lipstick sales during that recession.
