Lipstick Economy
Posted by admin on November 13, 2008
This is good news for us at Affordable Mineral Makeup when it comes to the economy and the desire to have quality lipstick.
History can be our guide here. As a Harvard professor explains: “The decade of the Great Depression, cosmetic sales increased 25 percent.” After the downturn following Sept. 11, lipstick sales doubled.
Looks like we’re on track for a similar lip-color craze with this latest economic funk. The New York Times notes that in the last few months, lipstick sales have shot up 40%, and even put out a list of favorites ranging in price from the budget-conscious $1.99 to the more pricey but still affordable $55. Preferred colors for this new economy? Red is out. Neutrals are in.
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