Lipstick May Be an Economic Indicator »
Posted By armanibowers761974 1 year, 8 months ago in Business & FinanceAfter the terrorist attacks of 2001 deflated the economy, Mr. Lauder noticed that his company was selling more lipstick than usual. He hypothesized that lipstick purchases are a way to gauge the economy. When it's shaky, he said, sales increase as women boost their mood with inexpensive lipstick purchases instead of $500 slingbacks.
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