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The lipstick index is a term coined by Leonard Lauder, chairman of the board of Estee Lauder, used to describe increased sales of cosmetics during the early 2000s recession. [1] Lauder made the claim that lipstick sales could be an economic indicator , in that purchases of cosmetics – lipstick in particular – tend to be inversely correlated ...
The lipstick effect is the theory that when facing an economic crisis consumers will be more willing to buy less costly luxury goods. [1] Instead of buying expensive purses and fur coats, for example, people will buy expensive cosmetics, such as high-end brands of lipstick . [ 2 ]
The Estée Lauder Companies Inc. (/ ˈ ɛ s t eɪ ˈ l ɔː d ər / EST-ay LAW-dər; stylized as ESTĒE LAUDER) is an American multinational cosmetics company, a manufacturer and marketer of makeup, skincare, perfume, and hair care products, based in Midtown Manhattan, New York City. It is the second largest cosmetics company in the world after ...
A limited-edition collaboration with Estée Lauder, consisting of 10 satin matte and ultra-matte lipsticks, goes live March 4. The bullets come in black lacquer cases with 24-karat gold-plated ...
The debuts of Christian Louboutin's first lipstick line and Kylie Jenner's Lip Kit has lipstick on all of our minds. And for good reason -- the makeup essential can really transform your look.. If ...
Leonard Alan Lauder (born March 19, 1933) is an American billionaire, philanthropist, art collector.He and his brother, Ronald Lauder, are the sole heirs to the Estée Lauder Companies cosmetics fortune, founded by their parents, Estée Lauder and Joseph Lauder, in 1946. [1]